Westmont, CA Economy


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Westmont, CA is a vibrant community located in the heart of California. It has many amenities including local shopping centers, restaurants, and parks. With a population of 20,400 people it is on the smaller side than most cities in this area but still offers an abundance of opportunities to its residents. The 2 bedroom rent in Westmont is $1,860 compared to the US average of $1,430 which makes living here slightly more expensive than other parts of the country. Similarly there is a grocery cost index of 101 versus 100 in the US making grocery items slightly more costly than elsewhere too. There are many companies located in Westmont such as Levi Strauss & Company, Tyson Foods Inc., and Wells Fargo Bank. All these businesses provide job opportunities to locals and continue to keep Westmont at the forefront of California's economy.

Westmont has an unemployment rate of 10.9%. The US average is 6.0%.

Westmont 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 Westmont
- The Sales Tax Rate for Westmont is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Westmont 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 Westmont
- The average income of a Westmont resident is $14,176 a year. The US average is $28,555 a year.
- The Median household income of a Westmont resident is $44,670 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestmont, CaliforniaUnited States
  10.96
  -12.2%-6.2%
  33.7%33.5%
  9.5%6.2%
  8.0%4.6%
  $18,202$37,638
  $44,670$69,021
  $52,966$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  8.4%6.8%
  8.2%10.0%
  4.3%2.5%
  11.2%11.0%
  10.2%4.8%
  0.1%0.8%
  1.0%1.9%
  1.2%4.7%
  2.8%1.9%
  1.5%7.6%
  0.0%0.1%
  9.6%4.2%
  5.8%9.3%
  14.9%14.0%
  0.8%2.1%
  10.2%7.0%
  5.8%4.8%
  3.1%4.7%
Reviews for Westmont
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Western ave has gone down over the years but the surrounding communities remain family and community oriented. Homes are well-maintained and a greater percentage of  More

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