Shingle Springs, CA is a small town located in El Dorado County. Known for its picturesque views of the Sierra Nevada Mountains and nearby Lake Tahoe, it is an ideal place to call home. The cost of living in Shingle Springs is slightly higher than the US average, with a two bedroom rental being around $1.830 compared to the US average of $1,430 and a grocery cost index of 108 versus 100 in the US. Despite this, the town remains popular due to its location close to major cities like Sacramento and Reno, as well as its variety of local businesses such as Nutshell Restaurant & Bar, Kwik Serve Fuel & Mini Mart, Shingle Springs Automotive Repair Center and Red Lion Inn & Suites Shingle Springs/Cameron Park.
Shingle Springs has an unemployment rate of 6.3%. The US average is 6.0%.
Shingle Springs has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Shingle Springs
- The Sales Tax Rate for Shingle Springs is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Shingle 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 Shingle Springs
- The average income of a Shingle Springs resident is $35,567 a year. The US average is $28,555 a year.
- The Median household income of a Shingle Springs resident is $89,196 a year. The US average is $69,021 a year.