Lake Nacimiento, CA is a beautiful mountain town located in Monterey County. It is renowned for its stunning views of the lake, beautiful hiking trails, and peaceful living. The cost of living here is quite high compared to the national average. Rent for a two-bedroom apartment is $1,880 while the US average is $1,430 and the grocery cost index in Lake Nacimiento is 106 versus 100 in the US.
The town has many excellent local businesses that serve its residents. For example, 'Nacimiento Wines & Spirits' provides a selection of fine wines and spirits at competitive prices. 'The Cove Grocery Store' offers convenience items along with fresh produce in addition to offering catering services for parties and events. 'Big Ed's BBQ Ribs & Steaks' serves delicious smoked rib dinners with all the fixings as well as burgers and steaks. Finally, 'Lake Nacimiento Boat Rentals' offers boat rentals and guided fishing tours so visitors can get out on the lake and enjoy some fishing or simply take a leisurely ride around it.
Lake Nacimiento has an unemployment rate of 5.8%. The US average is 6.0%.
Lake Nacimiento has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Lake Nacimiento
- The Sales Tax Rate for Lake Nacimiento is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Nacimiento 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 Lake Nacimiento
- The average income of a Lake Nacimiento resident is $36,293 a year. The US average is $28,555 a year.
- The Median household income of a Lake Nacimiento resident is $74,430 a year. The US average is $69,021 a year.