Planada is a small town located in Merced County, California. It has a population of just over 5,000 people and is known for its tranquil atmosphere. The rent for two bedroom apartments is relatively inexpensive at $990 compared to the US average of $1,430. Additionally, the grocery cost index in Planada is 97 versus 100 in the US. This means that groceries are slightly cheaper than most other places.
Planada also has a variety of local businesses that provide goods and services to its citizens. These include Planada Lumber & Millwork Company, Vision Power Electric Company and Casillas Paving Co., which specialize in construction materials and services respectively; Huerta’s Tire Shop offers tire repair and replacement services; and Ibarra’s Grocery Market offers all kinds of fresh produce and other groceries.
Planada has an unemployment rate of 11.4%. The US average is 6.0%.
Planada has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Planada
- The Sales Tax Rate for Planada is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Planada 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 Planada
- The average income of a Planada resident is $16,309 a year. The US average is $37,638 a year.
- The Median household income of a Planada resident is $44,324 a year. The US average is $69,021 a year.