Foresthill, California is a small town located in Placer County about 50 miles northeast of Sacramento. It sits at an elevation of 2,000 feet above sea level and is home to approximately 1,000 residents. The cost of living in Foresthill is slightly higher than the national average. For example, the average rent for a two bedroom apartment is $1,940 compared to the US average rate of $1,430. Grocery costs are also higher in Foresthill with an index score of 106 compared to the national average score of 100.
As a small town with a rural feel, Foresthill offers unique attractions such as horseback riding and camping in the nearby canyonlands. It's also home to several local businesses including Hillside Cafe & Market which serves breakfast and lunch daily as well as providing groceries and other items; Amador Flower Farm which offers cut flowers throughout the year; and Doc's Diesel Repair for vehicle maintenance and repairs. All these options make it easy to enjoy life in Foresthill at an affordable price!
Foresthill has an unemployment rate of 5.5%. The US average is 6.0%.
Foresthill has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Foresthill
- The Sales Tax Rate for Foresthill is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Foresthill 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 Foresthill
- The average income of a Foresthill resident is $29,695 a year. The US average is $37,638 a year.
- The Median household income of a Foresthill resident is $56,203 a year. The US average is $69,021 a year.