Val Verde, CA is an area with an array of attractions and activities. The cost of living in Val Verde is higher than the national average, as evident by the rental rates for a two bedroom apartment being $2,550 compared to the national average of $1,430. This can be partially attributed to the grocery cost index which is 102 compared to the national average of 100. Despite a higher cost of living, locals enjoy exploring the many parks and nature reserves such as Big Rock Creek Park and White Rock Canyon Park. The area also has popular tourist attractions such as Magic Mountain Theme Park and Six Flags Hurricane Harbor for thrill seekers looking for some fun. Businesses are abundant in this area too, from larger corporations like Amazon fulfillment centers to locally owned restaurants like El Sombrero Mexican Grill. With plenty to do and see, Val Verde continues to be an appealing choice for residents looking to live in this vibrant community.
Val Verde has an unemployment rate of 10.9%. The US average is 6.0%.
Val Verde has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Val Verde
- The Sales Tax Rate for Val Verde is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Val Verde 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 Val Verde
- The average income of a Val Verde resident is $19,594 a year. The US average is $28,555 a year.
- The Median household income of a Val Verde resident is $98,750 a year. The US average is $69,021 a year.