Palm Springs, CA is an attractive location for anyone looking to rent a two-bedroom apartment. With rent only slightly higher than the national average, many people are drawn to the area. It also offers a variety of local attractions such as world-class resorts, golf courses, art galleries, and shopping areas. Additionally, there is no shortage of employment options due to the presence of companies like Airbus, Walmart Distribution Center, The Desert Sun Newspaper and Providence Service Corporation. Grocery costs in Palm Springs are comparable to those found across the rest of the US. With all these features in mind it's easy to see why so many people choose Palm Springs as their home.
Palm Springs has an unemployment rate of 6.5%. The US average is 6.0%.
Palm Springs 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 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Palm Springs
- The Sales Tax Rate for Palm Springs is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Palm Springs 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 Palm Springs
- The average income of a Palm Springs resident is $36,126 a year. The US average is $28,555 a year.
- The Median household income of a Palm Springs resident is $61,597 a year. The US average is $69,021 a year.