Rosemead, CA Economy


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Rosemead is a city located in Los Angeles County, California. It is a great place to live and work, with plenty of options for businesses and entertainment. Companies such as Panda Express, Sharp Electronics Corporation and Liberty Mutual Insurance are just some of the many businesses that call Rosemead home. Residents can enjoy a number of parks including Garvey Ranch Park, Rio Hondo Park, and Encinita Park which offer great outdoor activities such as biking trails and playgrounds. The 2 bedroom rent in Rosemead is typically around $1,990 while the US average is $1,430. Furthermore, the grocery cost index in Rosemead is 103 compared to 100 in the US overall. This makes Rosemead an attractive option to live in for those looking for affordable housing prices and low expenses on living costs.

Rosemead has an unemployment rate of 11.0%. The US average is 6.0%.

Rosemead 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 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Rosemead
- The Sales Tax Rate for Rosemead is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Rosemead 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 Rosemead
- The average income of a Rosemead resident is $23,937 a year. The US average is $37,638 a year.
- The Median household income of a Rosemead resident is $64,224 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRosemead, CaliforniaUnited States
  116
  -12.2%-6.2%
  33.3%33.5%
  9.5%6.2%
  8.0%4.6%
  $23,937$37,638
  $64,224$69,021
  $68,764$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  7.8%6.8%
  11.6%10.0%
  3.1%2.5%
  10.4%11.0%
  6.5%4.8%
  0.7%0.8%
  1.8%1.9%
  4.6%4.7%
  1.1%1.9%
  6.6%7.6%
  0.0%0.1%
  2.7%4.2%
  4.4%9.3%
  12.5%14.0%
  1.9%2.1%
  11.5%7.0%
  7.8%4.8%
  4.6%4.7%
Reviews for Rosemead
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Over 7 years ago

Not a place you would live in by choice. Another grimy, ugly suburb of Los Angeles filled with the worst drivers on earth. If you want to find non-Asian groceries,  More

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Over 17 years ago

It is sunny and warm almost all year round, and nights can get below 60s during the winter. It used to be a desert, so the climate resembles of that. Warm and sunny in  More

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I have lived in Rosemead for 20 years. It has become a refuge for Asian immigrants. It is 8 miles east of downtown Los Angeles and traffic is bad in the mornings  More

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