West Covina, CA is an attractive city to live in due to its moderate cost of living. The average two bedroom rent in West Covina is about $2,470 compared to the US 2 bedroom rent average of $1,430. This makes it more affordable for many people looking for a place to settle down. The grocery cost index in the city is 102 versus the US base value of 100, so groceries may be slightly more expensive but not by much. There are also many local businesses in West Covina that give the city a good sense of community and culture. Some of these include In-N-Out Burger, Arcadia Farms Restaurant, and Trader Joe's Market. All together, West Covina provides a great quality of life with a moderate cost of living for those looking to move here.
West Covina has an unemployment rate of 11.3%. The US average is 6.0%.
West Covina 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 33.3%, which is lower than the US average of 33.5%.
Tax Rates for West Covina
- The Sales Tax Rate for West Covina is 9.5%. The US average is 7.3%.
- The Income Tax Rate for West Covina 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 West Covina
- The average income of a West Covina resident is $24,944 a year. The US average is $28,555 a year.
- The Median household income of a West Covina resident is $89,834 a year. The US average is $69,021 a year.