Thornton, CA is a small city located in the northern part of California. It is well known for its low cost of living which makes it ideal for those looking to save money. The average 2 bedroom rent in Thornton is $1,210 compared to the US average of $1,430 and the Grocery Cost Index is 104 compared to 100 in the US. This makes Thornton an attractive destination for those wanting to live affordably. The city features several local businesses, such as Thornton Market, a local grocery store that offers fresh produce; Thornton Auto Repair, a reliable auto repair shop; and Thornton Cleaners, an environmentally friendly dry cleaner. All these establishments contribute to the economy of Thornton making it a desirable place to live.
Thornton has an unemployment rate of 9.2%. The US average is 6.0%.
Thornton 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 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Thornton
- The Sales Tax Rate for Thornton is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Thornton 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 Thornton
- The average income of a Thornton resident is $14,204 a year. The US average is $28,555 a year.
- The Median household income of a Thornton resident is $32,206 a year. The US average is $69,021 a year.