Garnet, CA is a vibrant city with many local businesses and attractions. Home to large employers such as Microsoft, Boeing, and Amazon, Garnet offers its residents plenty of job opportunities. The cost of living in Garnet is very reasonable compared to the rest of the country. The average two bedroom rent is $1,380 which is slightly lower than the national average of $1,430. Additionally, the grocery cost index in Garnet is 97 versus 100 in the US. This means that groceries are more affordable than elsewhere in the country. Overall, people who live in Garnet enjoy a high quality of life with plenty of job opportunities and affordable costs for basic needs like housing and food.
Garnet has an unemployment rate of 7.7%. The US average is 6.0%.
Garnet 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 Garnet
- The Sales Tax Rate for Garnet is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Garnet 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 Garnet
- The average income of a Garnet resident is $13,804 a year. The US average is $28,555 a year.
- The Median household income of a Garnet resident is $43,906 a year. The US average is $69,021 a year.