Lake, CA County is a great place to live and work. It is home to many thriving businesses including local tech giants such as Google and Apple, as well as major food and retail chains like Walmart and Whole Foods. The cost of living in Lake County is relatively low compared to the US average. The median 2 bedroom rent is $1,120 compared to the US average of $1,430 while the Grocery Cost Index stands at 105 versus 100 in the US. With plenty of job opportunities, beautiful natural scenery, and affordable cost of living, Lake County is an ideal place for families or individuals looking to start their lives.
Lake County has an unemployment rate of 7.9%. The US average is 6.0%.
Lake County has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Lake County
- The Sales Tax Rate for Lake County is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Lake 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 Lake County
- The average income of a Lake County resident is $32,147 a year. The US average is $37,638 a year.
- The Median household income of a Lake County resident is $53,399 a year. The US average is $69,021 a year.