Fall River Mills, CA is a small town located in Shasta County in Northern California. It is known for its relaxing atmosphere and picturesque setting, making it an ideal place to live. The cost of living in Fall River Mills is relatively low compared to other places in California; the average 2-bedroom rent is $1,350 compared to the US average of $1,430. Grocery costs are also lower than the national average with an index score of 101 versus 100 in the US.
The local economy consists mainly of agricultural and service businesses. Some prominent local companies include Fall River Feed & Supply Co., Thielsen Farms Inc., and Valley Steel & Supply Inc., which all provide valuable services and products to their community. Furthermore, there are several small businesses in the area such as gift shops, restaurants, and recreational activities that contribute to the growing economy.
Fall River Mills has an unemployment rate of 7.5%. The US average is 6.0%.
Fall River Mills has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Fall River Mills
- The Sales Tax Rate for Fall River Mills is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fall River Mills 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 Fall River Mills
- The average income of a Fall River Mills resident is $23,805 a year. The US average is $37,638 a year.
- The Median household income of a Fall River Mills resident is $0 a year. The US average is $69,021 a year.