Granite Bay, CA is a beautiful town in the Sacramento Valley. It's home to many desirable amenities, including numerous parks and recreation areas, a selection of upscale restaurants, and top-notch schools. Located in Placer County, Granite Bay offers convenient access to both the city of Sacramento and Lake Tahoe. Notable local businesses include Sierra College, Sunset Whitney Golf Course and Grayhawk Tortoise Rescue Center. With an average two bedroom rent of $2,590 compared to the US average of $1,430, Granite Bay is considered an expensive place to call home. Grocery cost index is also higher than the US at 112 versus 100 respectively. Granite Bay has much to offer those looking for a quality lifestyle.
Granite Bay has an unemployment rate of 5.5%. The US average is 6.0%.
Granite Bay 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 Granite Bay
- The Sales Tax Rate for Granite Bay is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Granite Bay 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 Granite Bay
- The average income of a Granite Bay resident is $55,636 a year. The US average is $28,555 a year.
- The Median household income of a Granite Bay resident is $161,557 a year. The US average is $69,021 a year.