Independence, CA Economy


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United States / California / No Metro Area / Inyo County / Independence / Zip Codes
Independence, CA is a city in the United States with a population of 2,841. The cost of two-bedroom rent in this area is significantly lower than the national average at $1,210 compared to $1,430. Additionally, the grocery cost index stands at 99 versus 100 nationally. In terms of local companies, some well known entities in Independence are H & D Cafe and Starks Market Place. H & D Cafe offers home-style cooking while Starks Market Place has been serving the community for over 20 years providing quality groceries and merchandise.

Independence has an unemployment rate of 6.4%. The US average is 6.0%.

Independence has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Independence
- The Sales Tax Rate for Independence is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence
- The average income of a Independence resident is $28,974 a year. The US average is $37,638 a year.
- The Median household income of a Independence resident is $54,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndependence, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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