Vernon, CA is a small city located in Los Angeles County. It is known for its extensive industrial businesses and warehouses, making it an attractive location for companies to open or relocate. Notable companies in the city include Owens-Illinois Glass Company, Vopak Terminal Vernon, Exide Technologies, and Cemex Concrete Products. Residents of Vernon enjoy average rental rates slightly higher than the national average, as well as a cost of living that is slightly higher than the US average. The city offers many economic development opportunities for businesses and residents alike with several employment options available due to its industrial base. With access to numerous services such as banking and healthcare nearby, Vernon has become an increasingly desirable place to live and work in Southern California.
Vernon has an unemployment rate of 10.9%. The US average is 6.0%.
Vernon 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 Vernon
- The Sales Tax Rate for Vernon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Vernon 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 Vernon
- The average income of a Vernon resident is $19,973 a year. The US average is $28,555 a year.
- The Median household income of a Vernon resident is $62,000 a year. The US average is $69,021 a year.