Bakersfield, CA is a great place to live. It is a vibrant city with many local businesses that offer an array of services including shopping, dining, entertainment, healthcare, and more. The cost of living in Bakersfield is very affordable compared to other cities in the US. Two bedroom rentals average around $1,390 per month while groceries are about 1% cheaper than the national average. Notable companies in Bakersfield include Chevron Corporation, Kern Medical Center, Rabobank Arena Theater and Convention Center, and Cal State University Bakersfield. All of these factors make Bakersfield an attractive destination for those looking for a high quality of life at an affordable cost.
Bakersfield has an unemployment rate of 8.0%. The US average is 6.0%.
Bakersfield has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Bakersfield
- The Sales Tax Rate for Bakersfield is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bakersfield 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 Bakersfield
- The average income of a Bakersfield resident is $23,786 a year. The US average is $28,555 a year.
- The Median household income of a Bakersfield resident is $69,014 a year. The US average is $69,021 a year.