Placer County, CA Economy


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Placer County, located in California, is an ideal place to call home. With beautiful and diverse scenery, including rivers, lakes and mountain ranges, Placer County offers a variety of outdoor activities. Rent for a 2 bedroom apartment in Placer County is $1,760 which is higher than the US average of $1,430. The grocery cost index in Placer County is 108 versus 100 in the US. This area also has several major businesses such as Intel Corporation, Hewlett-Packard, Nestle Purina Petcare Company, Oracle Corporation and VSP Global. There are also smaller companies like Advanced Instrumentation & Technology Inc., Placer Title Company and Kings Beach Glass Co. All these businesses contribute to the economy of Placer County and make it a desirable place to live in or visit.

Placer County has an unemployment rate of 5.5%. The US average is 6.0%.

Placer County has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Placer County
- The Sales Tax Rate for Placer County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Placer 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 Placer County
- The average income of a Placer County resident is $48,580 a year. The US average is $37,638 a year.
- The Median household income of a Placer County resident is $99,734 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlacer, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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