Economy in Brea, CA

Brea, CA is a vibrant city located in Orange County with many attractions and amenities for residents. Major companies based in Brea include Avery Dennison Corporation, Markel Corporation, Union Bank and Sunkist Growers Inc. Rent for two bedroom apartments is higher in Brea than the nationwide average. Specifically, two bedroom apartments in Brea cost an estimated $2,800 while nationwide they are estimated to be around $1,430. Similarly, the grocery cost index in Brea is 104 versus just 100 nationally. This indicates that groceries are slightly more expensive on average in Brea than elsewhere across the country.

Brea has an unemployment rate of 5.9%. The US average is 6.0%.

Brea 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 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Brea
- The Sales Tax Rate for Brea is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Brea 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 Brea
- The average income of a Brea resident is $35,245 a year. The US average is $28,555 a year.
- The Median household income of a Brea resident is $108,721 a year. The US average is $69,021 a year.