Garden Grove is a city located in the Orange County region of California. It is home to a variety of businesses ranging from small start-ups to larger corporations like Best Buy and Target. For those looking to rent, Garden Grove has an average two bedroom rental rate of $2,220 making it slightly more expensive than the US average of $1,430. Additionally, Garden Grove has a Grocery Cost Index of 103 versus 100 in the US which may be attributed to its higher cost of living. Despite this, Garden Grove remains an attractive option for many due to its close proximity to Los Angeles and Anaheim as well as its growing popularity with young people and entrepreneurs.
Garden Grove has an unemployment rate of 7.9%. The US average is 6.0%.
Garden Grove has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Garden Grove
- The Sales Tax Rate for Garden Grove is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Garden Grove 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 Garden Grove
- The average income of a Garden Grove resident is $21,241 a year. The US average is $28,555 a year.
- The Median household income of a Garden Grove resident is $78,046 a year. The US average is $69,021 a year.