Ridgecrest, CA Economy


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equestId":"27d244cc-e792-41c6-b87e-3ae9e971a674","resource":"content","data":[{"id":"txt_dbc66db944b048d2b563dbb2dd21518a","text":", include population\n \nRidgecrest is a small town in California with a population of 28,000. It is known for its affordability and great weather. The two-bedroom rental prices in Ridgecrest are significantly lower than the US average at $1,340 compared to $1,430 respectively. The Grocery Cost Index is also quite low at 98 compared to 100 across the US. There are many well-known local companies that call Ridgecrest home such as China Lake Ski and Mountain Sports, Kmart Pharmacy, and Fred's Liquor Store.

Ridgecrest has an unemployment rate of 4.1%. The US average is 6.0%.

Ridgecrest has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Ridgecrest
- The Sales Tax Rate for Ridgecrest is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ridgecrest 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 Ridgecrest
- The average income of a Ridgecrest resident is $27,954 a year. The US average is $28,555 a year.
- The Median household income of a Ridgecrest resident is $77,534 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidgecrest, CaliforniaUnited States
  4.16
  -6.1%-6.2%
  26.0%33.5%
  8.3%6.2%
  8.0%4.6%
  $36,966$37,638
  $77,534$69,021
  $91,994$85,028
  Population by Occupation
  2.0%1.2%
  2.1%0.5%
  2.7%6.8%
  5.7%10.0%
  0.4%2.5%
  9.6%11.0%
  3.1%4.8%
  1.4%0.8%
  0.6%1.9%
  1.9%4.7%
  1.2%1.9%
  7.0%7.6%
  0.1%0.1%
  2.5%4.2%
  10.2%9.3%
  12.1%14.0%
  0.9%2.1%
  5.4%7.0%
  3.3%4.8%
  27.8%4.7%
Reviews for Ridgecrest
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For context, I grew up in Ridgecrest and moved away after graduating high school. I have since lived in LA and the Bay Area but I visit RC often. RC is in the high  More

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Ridgecrest and Kern County are red state bastions in a land of blue voting counties. If you want a concealed weapons permit, you'll get it. Want to own any firearm  More

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Over 12 years ago

The hardest thing to get used to in Ridgecrest is the weather. It can get quite windy. And hot. 115 hot. But it's a dry heat! It does cool off in the evening, and it  More

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