Riverbank, CA Economy


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Riverbank, CA is a great place to live due to its convenient proximity to both the city and the countryside. It offers an excellent quality of life with a plethora of businesses, shops, and amenities. Renting a two bedroom in Riverbank could cost around $1,500 a month, which is slightly higher than the national average of $1,430. The cost of groceries in Riverbank is also higher than the national average with an index of 105 compared to 100 in the US. Companies such as Mayte Motors and Alcosta Nursery have been operating in Riverbank for years and provide local services such as automotive repair and landscaping supplies respectively. Local stores such as CVS Pharmacy and Save Mart Supermarket make it easy for residents to get everyday items they need without having to travel far. Riverbank also offers plenty of cultural activities such as art classes at The Art Workshop or catching a movie at Regal Cinemas. With its many attractions, Riverbank is an ideal place to call home!

Riverbank has an unemployment rate of 8.8%. The US average is 6.0%.

Riverbank has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Riverbank
- The Sales Tax Rate for Riverbank is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Riverbank 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 Riverbank
- The average income of a Riverbank resident is $20,646 a year. The US average is $28,555 a year.
- The Median household income of a Riverbank resident is $75,216 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiverbank, CaliforniaUnited States
  8.86
  -5.6%-6.2%
  28.9%33.5%
  7.9%6.2%
  8.0%4.6%
  $28,386$37,638
  $75,216$69,021
  $83,763$85,028
  Population by Occupation
  6.8%1.2%
  0.0%0.5%
  8.2%6.8%
  15.4%10.0%
  5.1%2.5%
  7.8%11.0%
  4.9%4.8%
  0.2%0.8%
  1.2%1.9%
  1.9%4.7%
  0.7%1.9%
  5.6%7.6%
  0.0%0.1%
  2.5%4.2%
  7.7%9.3%
  14.9%14.0%
  0.5%2.1%
  5.8%7.0%
  3.6%4.8%
  7.2%4.7%
Reviews for Riverbank
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Over 16 years ago

This is a small town just north of Modesto. The town sprouted overnight with the housing boom. Has the convenience of the big box retailers, but the smaller town feel.  More

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