Westlake Village, CA is a beautiful suburb located in Los Angeles County. It is known for its convenient location and luxurious residences, with an average two-bedroom rent costing $3,070 per month. This is significantly more than the national average of $1,430. Additionally, Westlake Village has a higher Grocery Cost Index at 113 compared to the US average of 100. The city offers plenty of opportunities for businesses and entertainment with local companies such as Dole Fresh Vegetables, Amgen Inc., K-Swiss Inc., and Westlake Village Inn. Westlake Village also provides many recreational activities and parks for its residents to enjoy.
Westlake Village has an unemployment rate of 10.9%. The US average is 6.0%.
Westlake Village 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 Westlake Village
- The Sales Tax Rate for Westlake Village is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Westlake Village 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 Westlake Village
- The average income of a Westlake Village resident is $62,394 a year. The US average is $28,555 a year.
- The Median household income of a Westlake Village resident is $166,316 a year. The US average is $69,021 a year.