Claremont, CA is an attractive city located in southern California. It has a variety of amenities and attractions that make it an enjoyable place to live. The cost of living in Claremont is high as evidenced by the 2 bedroom rent of $2,500. Additionally, the grocery cost index in Claremont is 103 whereas the US average is 100. Despite this higher cost of living, there are many reasons why people choose to live there, including its close proximity to downtown Los Angeles.
The city has a thriving business scene with several large companies such as Scripps College, Pitzer College, and Keck Graduate Institute calling it home. In addition to these larger institutions, there are also several small businesses in Claremont ranging from restaurants like the Union on Yale to retail stores like Paper Source and Anthropologie. Whatever one's interests may be, Claremont is sure to have something they can enjoy and explore.
Claremont has an unemployment rate of 8.9%. The US average is 6.0%.
Claremont 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 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Claremont
- The Sales Tax Rate for Claremont is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Claremont 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 Claremont
- The average income of a Claremont resident is $39,402 a year. The US average is $28,555 a year.
- The Median household income of a Claremont resident is $111,937 a year. The US average is $69,021 a year.