Boron, CA is a small town located in Kern County, about an hour and a half away from Los Angeles. It is a predominantly rural area with several local companies such as Borax Limited Corporation and the U.S. Borax Mine. The cost of living in Boron is relatively low compared to other places across the state and country. For example, two-bedroom rent in Boron averages around $1,270 per month versus the US average of $1,430 per month for similar housing. Grocery Cost Index in Boron is also lower than the national average at 95 compared to 100 nationwide. All in all, residents of Boron benefit from its low cost of living while still having access to essential services and job opportunities.
Boron has an unemployment rate of 11.1%. The US average is 6.0%.
Boron 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 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Boron
- The Sales Tax Rate for Boron is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Boron 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 Boron
- The average income of a Boron resident is $15,269 a year. The US average is $28,555 a year.
- The Median household income of a Boron resident is $54,063 a year. The US average is $69,021 a year.