Rossmoor, California is a small community in Orange County that offers an abundance of local businesses. The cost of living in Rossmoor is higher than the national average, with two-bedroom rent costing nearly $2,490 compared to the US average of $1,430. Grocery costs are also elevated, with the local index standing at 107 versus 100 for the US as a whole. Locally owned businesses such as Rossmoor Pharmacy, Royal Liquor Store and Rossmoor Hardware offer residents convenience and quality products at competitive prices. Overall, while the cost of living in Rossmoor is higher than average, it still remains an attractive place to live with plenty of amenities and attractions nearby.
Rossmoor has an unemployment rate of 6.4%. The US average is 6.0%.
Rossmoor has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Rossmoor
- The Sales Tax Rate for Rossmoor is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Rossmoor 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 Rossmoor
- The average income of a Rossmoor resident is $52,267 a year. The US average is $28,555 a year.
- The Median household income of a Rossmoor resident is $153,750 a year. The US average is $69,021 a year.