Shaver Lake, CA is a small town located in the Sierra Nevada mountains. It is a popular destination for outdoor adventurers and nature-lovers due to its pristine lakes and nearby mountainside activities. The cost of living in Shaver Lake is notably lower than the national average, with 2 bedroom rent at $1,190 compared to the US’s rate of $1,430. Additionally, grocery costs index at 103 compared to 100 nationally. The local economy is supported by businesses such as Yosemite Mountaineering & Supply, Inc., Creekstone Builders and Designers, and Shaver Lake Lodging & Marina Services.
Shaver Lake has an unemployment rate of 9.9%. The US average is 6.0%.
Shaver Lake has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Shaver Lake
- The Sales Tax Rate for Shaver Lake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Shaver Lake 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 Shaver Lake
- The average income of a Shaver Lake resident is $41,103 a year. The US average is $28,555 a year.
- The Median household income of a Shaver Lake resident is $112,188 a year. The US average is $69,021 a year.