Kern County, CA Economy


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equestId":"d6077728-9a80-4d38-b7dd-970c3e0e492c","resource":"content","data":[{"id":"txt_88007ba43cb14acbb84fb2509f210158","text":"\n \nKern County, California, is an attractive place to live due to its low rental and grocery costs. The median two-bedroom rent in Kern County is $1,140 per month, significantly lower than the US average of $1,430. Additionally, groceries in Kern are 8 percent less expensive than the US average with a grocery cost index of 98. The county houses several major companies such as Chevron Corporation, Grimmway Farms, and Bank of America. The abundance of job opportunities from these companies provides residents with economic stability and potential career growth.

Kern County has an unemployment rate of 11.1%. The US average is 6.0%.

Kern County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Kern County
- The Sales Tax Rate for Kern County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Kern County 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 Kern County
- The average income of a Kern County resident is $20,467 a year. The US average is $28,555 a year.
- The Median household income of a Kern County resident is $58,824 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKern, CaliforniaUnited States
  11.16
  -6.1%-6.2%
  19.6%33.5%
  7.3%6.2%
  8.0%4.6%
  $25,328$37,638
  $58,824$69,021
  $64,828$85,028
  Population by Occupation
  11.6%1.2%
  2.8%0.5%
  7.2%6.8%
  5.4%10.0%
  2.5%2.5%
  10.2%11.0%
  5.5%4.8%
  0.9%0.8%
  0.9%1.9%
  2.1%4.7%
  1.4%1.9%
  3.9%7.6%
  0.1%0.1%
  3.9%4.2%
  9.9%9.3%
  12.0%14.0%
  1.3%2.1%
  6.9%7.0%
  4.5%4.8%
  6.7%4.7%
Health