Loyola, CA is a great place to live and work. It is conveniently located close to amenities and entertainment, making it an attractive destination for many people. The cost of living in Loyola is much higher than the US, with the 2 bedroom rent being almost three times as expensive at $4,130 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Loyola is 126 compared to 100 in the US.
There are numerous businesses and companies located in Loyola that serve both local residents and tourists alike. These include restaurants such as Papa John's Pizza and Una Mas Taqueria, shops like JCPenney and Homegoods, and services such as Loyola Hair Salon and Total Care Urgent Care Center. With so much to offer its residents, it’s no wonder why many people choose to call Loyola home.
Loyola has an unemployment rate of 5.1%. The US average is 6.0%.
Loyola has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Loyola
- The Sales Tax Rate for Loyola is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Loyola 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 Loyola
- The average income of a Loyola resident is $98,398 a year. The US average is $28,555 a year.
- The Median household income of a Loyola resident is $250,001 a year. The US average is $69,021 a year.