Topaz, CA is an attractive city to move to because of its lower than average housing costs. The average rent for a two-bedroom apartment in Topaz is $1,360, which is $70 cheaper than the US average of $1,430. Additionally, the grocery cost index in Topaz is 107 versus 100 in the US, meaning groceries are slightly more expensive than the national average. Despite this small increase in food costs, Topaz still offers a great cost of living, making it an ideal choice for those looking to save money. The city has a variety of local companies that provide goods and services such as Topaz Hardware Store and Topaz Lawn Care Services. With its reasonable prices and selection of quality businesses, it's easy to see why so many people choose to move to Topaz.
Topaz has an unemployment rate of 7.8%. The US average is 6.0%.
Topaz has seen the job market increase by 6.5% over the last year. Future job growth over the next ten years is predicted to be 49.4%, which is higher than the US average of 33.5%.
Tax Rates for Topaz
- The Sales Tax Rate for Topaz is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Topaz 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 Topaz
- The average income of a Topaz resident is $12,633 a year. The US average is $28,555 a year.
- The Median household income of a Topaz resident is $76,250 a year. The US average is $69,021 a year.