Running Springs, CA is a cozy mountain town located in the San Bernardino mountains. It is a popular tourist destination due to its proximity to Big Bear Lake and other outdoor activities. The cost of living in Running Springs is slightly higher than the national average; however, residents benefit from lower rent and grocery costs. The average 2 bedroom rent rate for Running Springs is $1,610 compared to the US rate of $1,430. Groceries in Running Springs are also more affordable with an index of 97 versus 100 in the US. Local companies such as Running Springs General Store and Mountain High Sports provide goods and services to the community with competitive prices. Overall, living in Running Springs is great for anyone looking for an exciting yet affordable place to call home.
Running Springs has an unemployment rate of 7.8%. The US average is 6.0%.
Running Springs has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Running Springs
- The Sales Tax Rate for Running Springs is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Running Springs 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 Running Springs
- The average income of a Running Springs resident is $28,253 a year. The US average is $28,555 a year.
- The Median household income of a Running Springs resident is $75,682 a year. The US average is $69,021 a year.