Grand Terrace, CA is a small city in San Bernardino County. It has a population of 12,040 residents as of 2020 and offers a variety of amenities to its residents. Rent for two bedroom apartments is relatively expensive compared to the US average, at $1,770 versus $1,430. The Grocery Cost Index in Grand Terrace is the same as the US average at 100. While it might be an expensive place to live, Grand Terrace offers plenty of attractions that offset these costs. In particular, nearby attractions such as The Links at Sierra Lakes Golf Club and Calico Ghost Town provide an exciting range of activities for visitors and locals alike. Several companies also call Grand Terrace home, including the major logistics company Penske Logistics and Bright House Networks. All in all, Grand Terrace provides potential homeowners with many great amenities and activities and is worth considering if you are looking for a place to call home!
Grand Terrace has an unemployment rate of 7.8%. The US average is 6.0%.
Grand Terrace 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 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Grand Terrace
- The Sales Tax Rate for Grand Terrace is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Grand Terrace 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 Grand Terrace
- The average income of a Grand Terrace resident is $29,572 a year. The US average is $28,555 a year.
- The Median household income of a Grand Terrace resident is $76,791 a year. The US average is $69,021 a year.