Clearlake, CA Metro Area is an affordable place to live and work for many individuals and companies. The 2 bedroom rental in the area costs $1120, which is $310 less than the US average. Additionally, there is a grocery cost index of 105 in Clearlake as compared to 100 nationally. This makes it easier to afford groceries in Clearlake than other places around the US. There are many companies that are located in the area such as Johnson & Johnson Medical Devices Manufacturing, Orchard Products LLC, ICT Inc., Ameri-Cal Corporation and more. These businesses provide employment opportunities for local residents and contribute to the economy of Clearlake.
Clearlake Metro Area has an unemployment rate of 7.9%. The US average is 6.0%.
Clearlake Metro Area has seen the job market increase by 1.0% 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 Clearlake Metro Area
- The Sales Tax Rate for Clearlake Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Clearlake Metro Area 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 Clearlake Metro Area
- The average income of a Clearlake Metro Area resident is $21,310 a year. The US average is $28,555 a year.
- The Median household income of a Clearlake Metro Area resident is $53,399 a year. The US average is $69,021 a year.