Thousand Palms, CA Economy


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Thousand Palms, CA is a popular city located in Riverside County in California. It is home to several businesses such as General Dynamics, Agua Caliente Casino Resort Spa, and Walmart. The average 2-bedroom rental cost for Thousand Palms is $1,500 compared to the US average of $1,430. Additionally, the grocery cost index for Thousand Palms is 98 versus 100 in the US. \nThe city offers plenty of attractions for residents and visitors alike to enjoy. Nature lovers can visit San Jacinto Wildlife Area, while those who are interested in art and culture can check out the Coachella Valley History Museum or Rancho Las Flores Park. Other popular sites include Agua Caliente Cultural Museum and Eldorado Polo Club. There's something for everyone in Thousand Palms!

Thousand Palms has an unemployment rate of 7.7%. The US average is 6.0%.

Thousand Palms has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Thousand Palms
- The Sales Tax Rate for Thousand Palms is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Thousand Palms 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 Thousand Palms
- The average income of a Thousand Palms resident is $20,191 a year. The US average is $28,555 a year.
- The Median household income of a Thousand Palms resident is $56,055 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThousand Palms, CaliforniaUnited States
  7.76
  -5.8%-6.2%
  38.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $24,855$37,638
  $56,055$69,021
  $65,505$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  10.5%6.8%
  0.5%10.0%
  1.8%2.5%
  17.2%11.0%
  0.9%4.8%
  6.7%0.8%
  1.1%1.9%
  0.0%4.7%
  0.1%1.9%
  2.1%7.6%
  0.0%0.1%
  11.2%4.2%
  2.9%9.3%
  13.4%14.0%
  6.7%2.1%
  14.2%7.0%
  2.1%4.8%
  7.0%4.7%
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