Newman, CA is a small, rural town situated in California's Central Valley. It is known for its reasonable cost of living and friendly people. The average two bedroom rent in Newman is $1,270, which is lower than the US average of $1,430. Similarly, grocery costs are 4 percent higher than the national average. This makes it an attractive choice for those looking to save money on housing and groceries. There are several local businesses that contribute to the community such as Pacheco’s Bakery & Cafe, El Toro Meat Market, Surplus Warehouse and Rincon Market. All four businesses serve the community with fresh food and supplies while also providing employment opportunities to locals.
Newman has an unemployment rate of 8.8%. The US average is 6.0%.
Newman 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 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Newman
- The Sales Tax Rate for Newman is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Newman 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 Newman
- The average income of a Newman resident is $16,012 a year. The US average is $28,555 a year.
- The Median household income of a Newman resident is $76,895 a year. The US average is $69,021 a year.