El Cerrito CDP (Riverside County), CA Economy


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El Cerrito CDP, California is a great place to live and work due to its reasonable rent prices and cost of living. The average two bedroom rent in El Cerrito CDP is $2,060 compared to the US average two bedroom rent of $1,430. The grocery cost index in El Cerrito CDP is 102 versus 100 in the US. This indicates that the cost of groceries is only slightly higher than the national average. El Cerrito CDP has many local businesses such as Columbia Care Collective, San Francisco Bay Coffee Co., Sleep Train Mattress Centers, Hilltop Mall and more. The population of El Cerrito CDP is approximately 25,000 people according to the 2010 census.

El Cerrito CDP (Riverside County) has an unemployment rate of 7.7%. The US average is 6.0%.

El Cerrito CDP (Riverside County) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for El Cerrito CDP (Riverside County)
- The Sales Tax Rate for El Cerrito CDP (Riverside County) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for El Cerrito CDP (Riverside County) 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 El Cerrito CDP (Riverside County)
- The average income of a El Cerrito CDP (Riverside County) resident is $22,752 a year. The US average is $28,555 a year.
- The Median household income of a El Cerrito CDP (Riverside County) resident is $110,469 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEl Cerrito CDP (Riverside County), CaliforniaUnited States
  7.76
  -5.8%-6.2%
  38.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $33,858$37,638
  $110,469$69,021
  $106,523$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  14.2%6.8%
  13.6%10.0%
  3.3%2.5%
  7.9%11.0%
  4.9%4.8%
  0.8%0.8%
  0.2%1.9%
  3.4%4.7%
  1.8%1.9%
  4.5%7.6%
  0.0%0.1%
  10.4%4.2%
  7.3%9.3%
  11.2%14.0%
  1.5%2.1%
  8.5%7.0%
  4.0%4.8%
  1.9%4.7%
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