Pico Rivera, CA is a vibrant and diverse city located in Los Angeles County. It has a strong economy, with local companies such as Walmart, Sunkist Growers, and Coca-Cola Bottling Company providing employment for many of the residents. The cost of living is slightly higher than the national average, with a two bedroom rent averaging $2,040 per month and a grocery cost index at 101 versus 100 in the US. Despite this, it is still an attractive place to live due to its close proximity to Los Angeles and other amenities such as shopping malls and restaurants.
Pico Rivera has an unemployment rate of 12.6%. The US average is 6.0%.
Pico Rivera has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Pico Rivera
- The Sales Tax Rate for Pico Rivera is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Pico Rivera is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pico Rivera
- The average income of a Pico Rivera resident is $18,643 a year. The US average is $28,555 a year.
- The Median household income of a Pico Rivera resident is $78,056 a year. The US average is $69,021 a year.