Ballico, CA is a small town located in Merced County. This quiet town may be off the beaten path but it has become an attractive area for those looking for an affordable place to live. With the two bedroom rent sitting close to $1,280 per month, compared to the US average of $1,430 per month this small town is very cost effective. Also, the Grocery Cost Index in Ballico is 106 versus 100 in the US. This means that groceries are slightly more expensive than the rest of America. \nLocal companies that can be found around Ballico include El Sol Tortilleria and La Hacienda Meat Market which are both family owned businesses and are staples to the local community. There is also Salazar Catering which offers delicious Mexican cuisine for all occasions and Los Compadres Taqueria which serves up some amazing Mexican food at very reasonable prices.
Ballico has an unemployment rate of 11.4%. The US average is 6.0%.
Ballico has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Ballico
- The Sales Tax Rate for Ballico is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Ballico 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 Ballico
- The average income of a Ballico resident is $61,961 a year. The US average is $37,638 a year.
- The Median household income of a Ballico resident is $153,056 a year. The US average is $69,021 a year.