Cerritos, CA is a vibrant city known for its shopping, outdoor recreation, and cultural attractions. Home to companies such as Sony Pictures Entertainment and Honda of Cerritos, Cerritos provides plenty of employment opportunities. Residents also enjoy the variety of recreational activities available in the area, including golf courses, parks, and trails. There are also numerous cultural attractions to explore such as the Cerritos Center for the Performing Arts and Fine Art Gallery. In terms of housing costs, renting a 2-bedroom in the city is approximately $3,310 which is higher than the US average at around $1,430. The grocery cost index in Cerritos is 104 versus 100 in the US on average. All this makes Cerritos an attractive place to live for those looking for an exciting lifestyle with plenty to do.
Cerritos has an unemployment rate of 9.0%. The US average is 6.0%.
Cerritos 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 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Cerritos
- The Sales Tax Rate for Cerritos is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Cerritos 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 Cerritos
- The average income of a Cerritos resident is $35,460 a year. The US average is $28,555 a year.
- The Median household income of a Cerritos resident is $115,600 a year. The US average is $69,021 a year.