Dollar Point, CA is a beautiful seaside community located in the heart of California. It offers many amenities to its residents, such as parks, beaches, and various shopping experiences. The cost of living in Dollar Point is relatively high since it boasts many local companies that provide goods and services to its citizens. For example, there is a grocery store called Dollar Point Grocery Store where the Grocery Cost Index is 112—significantly higher than the US average of 100. Similarly, 2 Bedroom rent in Dollar Point is $1,530 compared to the United States’ average of $1,430. Despite the higher costs associated with living in Dollar Point, many residents are willing to pay for such an ideal location surrounded by natural beauty.
Dollar Point has an unemployment rate of 5.5%. The US average is 6.0%.
Dollar Point has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Dollar Point
- The Sales Tax Rate for Dollar Point is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Dollar Point 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 Dollar Point
- The average income of a Dollar Point resident is $44,872 a year. The US average is $28,555 a year.
- The Median household income of a Dollar Point resident is $81,136 a year. The US average is $69,021 a year.