Cowan, CA Economy


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Cowan, CA is a small town located in the Central Valley of California. It has a population of around 5,000 people and is known for its quiet atmosphere, making it a great place to live and work. The 2 bedroom rent in Cowan is moderately priced at $1,260 compared to the US average of $1,430. Additionally, grocery costs are slightly lower due to the Grocery Cost Index being 104 versus 100 nationally.
Cowan has many local companies that help support the economy. These include Cowan Manufacturing, which produces agricultural machinery; Cowan Plastics, which specializes in custom plastics; and Carpet Tech Industries Inc., which provides flooring solutions for residential and commercial use. All these businesses create job opportunities and contribute to the growth of this small town.
In summary, Cowan is a small town with decent housing prices and low grocery costs. It offers many job opportunities through its local companies and is considered one of the best places to live in California's Central Valley region.

Cowan has an unemployment rate of 8.8%. The US average is 6.0%.

Cowan has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Cowan
- The Sales Tax Rate for Cowan is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Cowan 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 Cowan
- The average income of a Cowan resident is $14,462 a year. The US average is $37,638 a year.
- The Median household income of a Cowan resident is $68,456 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCowan, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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