Thermal, CA is a small but vibrant town in California. Located in Riverside County, it is home to approximately 722 people. The cost of living in Thermal is significantly lower than the national average, with 2 bedroom rent averaging $1,360 as opposed to the US Average of $1,430. Additionally, grocery costs are 94 on the index versus 100 for the US. This makes Thermal an attractive place to live for those who want to save money.
The local economy is driven by agriculture and other industries related to that field. The largest employer in town is Datepac LLC which sells date products from its packaging facility. Other significant employers include USA Packing & Stamping Co., Quality Control Services Inc., and Thermal Industries LLC which manufactures agricultural equipment such as tractors and irrigation systems. Local businesses located in nearby Mecca also provide services to residents of Thermal. In all, Thermal offers a low cost of living combined with employment opportunities that make it an attractive place for those looking for an affordable place to live.
Thermal has an unemployment rate of 7.7%. The US average is 6.0%.
Thermal 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 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Thermal
- The Sales Tax Rate for Thermal is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Thermal 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 Thermal
- The average income of a Thermal resident is $10,647 a year. The US average is $28,555 a year.
- The Median household income of a Thermal resident is $14,500 a year. The US average is $69,021 a year.