Sierra Madre, CA Economy


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Sierra Madre, CA is a small town located in Los Angeles County with a charming and quaint downtown area. It has a laid-back atmosphere and is an ideal place to live for families looking for the suburban lifestyle. The rental prices of two-bedroom apartments are slightly higher than average at $2,350, while grocery cost index is 107 versus 100 in the US. Sierra Madre also has many local businesses including Sierra Madre City Hall, Sierra Market & Deli, La Piazza Italian Restaurant, Sierra Madre Veterinary Clinic, and more. Residents enjoy spending time shopping at these stores and dining at the many restaurants. With its unique atmosphere and high quality of life, it’s no wonder why so many people choose to call Sierra Madre home.

Sierra Madre has an unemployment rate of 10.9%. The US average is 6.0%.

Sierra Madre 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 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Sierra Madre
- The Sales Tax Rate for Sierra Madre is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Sierra Madre 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 Sierra Madre
- The average income of a Sierra Madre resident is $75,541 a year. The US average is $37,638 a year.
- The Median household income of a Sierra Madre resident is $116,884 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySierra Madre, CaliforniaUnited States
  10.96
  -12.2%-6.2%
  33.7%33.5%
  9.5%6.2%
  8.0%4.6%
  $75,541$37,638
  $116,884$69,021
  $157,261$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.3%6.8%
  5.1%10.0%
  3.9%2.5%
  7.1%11.0%
  1.7%4.8%
  1.2%0.8%
  3.3%1.9%
  4.1%4.7%
  3.7%1.9%
  12.6%7.6%
  0.0%0.1%
  2.7%4.2%
  12.8%9.3%
  22.3%14.0%
  3.0%2.1%
  3.4%7.0%
  6.2%4.8%
  3.5%4.7%
Reviews for Sierra Madre
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Sierra Madre is a great place to live if you enjoy a small town atmosphere while being close to the vibrancy of a big city. It has nice restaurants, boutique shops and  More

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Over 19 years ago

Sierra Madre is still much a 1950's town. We still help out our neighbors, we have block parties to get acquained with new neighbors, and it's just a happy, friendly  More

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