West Loch Estate is an area in Hawaii that is a popular residential neighborhood. It has two bedroom apartments available for rent at $2,850, which is significantly higher than the U.S. average of $1,430 for similar apartments. The cost of living in this area is also more expensive because of its high grocery cost index which stands at 138 compared to 100 in the US. This makes it difficult for people with lower incomes to stay here as well as small businesses. Local companies in West Loch Estate include Kona Coffee Company, Zippy's Restaurant, Beach Break Café and Fitness Hut Gym. For those wanting to live in this beautiful part of Hawaii but who cannot afford the higher costs of living, they should seek out areas like Waikoloa Village, where rents and other expenses are lower.
West Loch Estate has an unemployment rate of 7.6%. The US average is 6.0%.
West Loch Estate has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for West Loch Estate
- The Sales Tax Rate for West Loch Estate is 4.5%. The US average is 7.3%.
- The Income Tax Rate for West Loch Estate is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for West Loch Estate
- The average income of a West Loch Estate resident is $29,613 a year. The US average is $28,555 a year.
- The Median household income of a West Loch Estate resident is $111,810 a year. The US average is $69,021 a year.