Hanford-Corcoran, CA Metro Area is a great place to live for those who are looking for an affordable cost of living. The average 2 bedroom rent in the area is $1,290 compared to the US average of $1,430 which makes it a more cost effective option. In addition to rental costs, the Grocery Cost Index in Hanford-Corcoran is 98 while the US index is 100 making groceries even less expensive than usual. There are plenty of local businesses that provide jobs and services for residents such as Amazon Fulfillment Center and Walmart Distribution Center. The environment is laid out with wide open spaces and rolling hills with plenty of wildlife and outdoor activities available nearby.
Hanford-Corcoran Metro Area has an unemployment rate of 10.5%. The US average is 6.0%.
Hanford-Corcoran Metro Area has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Hanford-Corcoran Metro Area
- The Sales Tax Rate for Hanford-Corcoran Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Hanford-Corcoran 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 Hanford-Corcoran Metro Area
- The average income of a Hanford-Corcoran Metro Area resident is $18,518 a year. The US average is $28,555 a year.
- The Median household income of a Hanford-Corcoran Metro Area resident is $63,267 a year. The US average is $69,021 a year.