Woodcrest is a small city in California that is known for its convenience and affordability. The population of Woodcrest may be lower than some nearby cities but it offers residents bright prospects when it comes to their rent and grocery costs. For example, two-bedroom rental costs are $2,170 in Woodcrest compared to $1,430 in the US. Additionally, the grocery cost index in Woodcrest stands at 101 compared to 100 nationally. These differences make life much more affordable for those living there. Woodcrest is also home to numerous companies including Walmart, Target, Home Depot and Lowe's which help keep the area alive with jobs and economic opportunity.
Woodcrest has an unemployment rate of 7.7%. The US average is 6.0%.
Woodcrest 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 Woodcrest
- The Sales Tax Rate for Woodcrest is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Woodcrest 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 Woodcrest
- The average income of a Woodcrest resident is $29,068 a year. The US average is $28,555 a year.
- The Median household income of a Woodcrest resident is $119,038 a year. The US average is $69,021 a year.