Lamont, CA is a small rural town located in the San Joaquin Valley. It has a population of about 8,000 people and is known for its peaceful atmosphere and quaint downtown area. The rent for a two bedroom apartment in Lamont is significantly cheaper than the national average, at just $980 per month. Similarly, grocery costs are lower here than on average across the US with an index of 97 compared to 100. Local businesses in Lamont include a Dairy Queen restaurant, convenience stores like Circle-K and Chevron, as well as medical facilities such as the Kaweah Delta Health Care District. Additionally, there are several small boutiques and antique stores located in the downtown area.
Lamont has an unemployment rate of 11.1%. The US average is 6.0%.
Lamont has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Lamont
- The Sales Tax Rate for Lamont is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lamont 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 Lamont
- The average income of a Lamont resident is $13,076 a year. The US average is $37,638 a year.
- The Median household income of a Lamont resident is $40,341 a year. The US average is $69,021 a year.