Castaic, CA Economy


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Castaic, CA is a beautiful city located near Los Angeles. It offers plenty of amenities for its residents, including two bedroom rentals at a reasonable rate of $2,550. Living costs in Castaic are also quite affordable as the Grocery Cost Index is only 2 points higher than the US average of 100. There are numerous local companies in Castaic offering a variety of goods and services from restaurants to retail stores. The city is conveniently located near major highways for easy access to employment and entertainment centers like Hollywood and downtown LA. Castaic also boasts great schools, parks and recreational activities like camping or fishing in nearby Lake Castaic. All these advantages make living in Castaic an ideal choice for families looking to enjoy California’s many attractions without the high costs associated with big cities..

Castaic has an unemployment rate of 10.9%. The US average is 6.0%.

Castaic has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Castaic
- The Sales Tax Rate for Castaic is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Castaic 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 Castaic
- The average income of a Castaic resident is $35,715 a year. The US average is $28,555 a year.
- The Median household income of a Castaic resident is $127,344 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastaic, CaliforniaUnited States
  10.96
  -12.2%-6.2%
  33.7%33.5%
  9.5%6.2%
  8.0%4.6%
  $46,354$37,638
  $127,344$69,021
  $141,901$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  3.5%6.8%
  10.4%10.0%
  2.9%2.5%
  7.2%11.0%
  4.8%4.8%
  1.8%0.8%
  4.3%1.9%
  8.1%4.7%
  2.6%1.9%
  5.1%7.6%
  0.0%0.1%
  3.9%4.2%
  11.6%9.3%
  10.4%14.0%
  3.4%2.1%
  5.3%7.0%
  3.9%4.8%
  10.5%4.7%
Reviews for Castaic
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Over 8 years ago

I've lived in northern Castaic for 14 years so this review is for northern Castaic Pros: convenient freeway access, boating on Lake Castaic, lots of gas stations,  More

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Over 10 years ago

Formerly a "truck stop" town, Castaic is the last town before going over the Grapevine, heading North on I-5 towards San Francisco. The town is unincorporated and sits  More

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Over 11 years ago

I currently live in Valencia. Before I consider purchasing a house in Castaic off Lake Hughes Rd and closer to the lake, is it safe to live in this neighborhood? Any  More

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