Economy in Fontana, CA

Fontana, CA is a city located in San Bernardino County in the state of California. It is known as an industrial and residential center and home to many corporate headquarters such as Kaiser Permanente, Burlington Northern Santa Fe Railway Company, and Target Corporation. The cost of living in Fontana is relatively high when compared to the US average; rent for a two bedroom apartment costs $2,150 while it averages at only $1,430 nationally. Additionally, the Grocery Cost Index stands at 100 both for Fontana and the US on average. There are plenty of job opportunities within Fontana's corporate sector as well as some small businesses like coffee shops or restaurants that offer employment.

Fontana has an unemployment rate of 7.6%. The US average is 6.0%.

Fontana has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Fontana
- The Sales Tax Rate for Fontana is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Fontana 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 Fontana
- The average income of a Fontana resident is $19,685 a year. The US average is $28,555 a year.
- The Median household income of a Fontana resident is $83,468 a year. The US average is $69,021 a year.