Stockton, CA is a vibrant city located in the San Joaquin Valley and is home to over 300,000 people. It is conveniently located between Los Angeles and San Francisco, making it a great option for commuters looking for an affordable place to live. The average two bedroom rent in Stockton is $1,480, which is slightly higher than the US average of $1,430. Grocery costs are also slightly higher than the US national average with a grocery cost index of 104 versus 100 across the country. Stockton has many local businesses and organizations that add to its economic growth such as University of Pacific, Dignity Health St Joseph Medical Center, Bank of America, Amazon fulfillment center and many more.
Stockton has an unemployment rate of 10.3%. The US average is 6.0%.
Stockton has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Stockton
- The Sales Tax Rate for Stockton is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Stockton 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 Stockton
- The average income of a Stockton resident is $19,927 a year. The US average is $28,555 a year.
- The Median household income of a Stockton resident is $63,916 a year. The US average is $69,021 a year.