Palmdale, CA Economy


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Palmdale, CA is a vibrant city located in the Antelope Valley of Los Angeles County. The city has many attractions and local businesses that make it an ideal place to live. The rent for a two bedroom apartment is $2,210, which is comparatively higher than the US average of $1,430. Furthermore, living expenses are also comparatively higher as evidenced by the Grocery Cost Index of 99 versus 100 in the US. Despite this fact, Palmdale offers various employment opportunities at local companies like HomeTrust Bank and NorthropGrumman Corporation. There are also plenty of leisure activities to enjoy such as visiting Palmdale Playhouse or getting some fresh air at Prime Desert Woodland Preserve. Ultimately, with its varied business landscape and diverse attractions, Palmdale is one of the most attractive cities in California.

Palmdale has an unemployment rate of 15.6%. The US average is 6.0%.

Palmdale 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 30.5%, which is lower than the US average of 33.5%.

Tax Rates for Palmdale
- The Sales Tax Rate for Palmdale is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Palmdale 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 Palmdale
- The average income of a Palmdale resident is $19,438 a year. The US average is $28,555 a year.
- The Median household income of a Palmdale resident is $70,858 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmdale, CaliforniaUnited States
  15.66
  -12.2%-6.2%
  30.5%33.5%
  9.5%6.2%
  8.0%4.6%
  $24,845$37,638
  $70,858$69,021
  $74,639$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  8.6%6.8%
  10.9%10.0%
  2.3%2.5%
  11.7%11.0%
  7.2%4.8%
  0.7%0.8%
  1.8%1.9%
  3.2%4.7%
  1.7%1.9%
  4.3%7.6%
  0.1%0.1%
  5.8%4.2%
  8.6%9.3%
  13.4%14.0%
  1.5%2.1%
  6.9%7.0%
  5.4%4.8%
  5.2%4.7%
Reviews for Palmdale
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Over 5 years ago

I've lived here for nine years and I haven't had any problems. The weather is hot during the summer we get real Summers during the winter it's cold and it's sometimes  More

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Over 5 years ago

I have lived here for many years and I wish I could move elsewhere. I have lived on both the east and west sides of this city. The west side is supposedly better and I  More

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Over 10 years ago

I live in West Palmdale, right by the mall and i just love it. The area is in need of more restaurants, preferably steak houses, a good old fashion Chinese restaurant  More

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