Merced, CA Metro Area is a great place to live, both for its affordability and its attractions. Renting a two bedroom apartment in Merced is much cheaper than the US average of $1,430, at just $1,240. In addition to being affordable for renters, the cost of groceries are also lower compared to the US index of 100 - making it even easier on the wallet. This area offers plenty of things to do: there's UC Merced campus for students looking to further their education; Yosemite National Park nearby for outdoor enthusiasts; and plenty of local shops and restaurants to explore. Merced even has a growing craft beer scene that can be enjoyed by all!
Merced Metro Area has an unemployment rate of 11.4%. The US average is 6.0%.
Merced Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Merced Metro Area
- The Sales Tax Rate for Merced Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Merced 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 Merced Metro Area
- The average income of a Merced Metro Area resident is $18,464 a year. The US average is $28,555 a year.
- The Median household income of a Merced Metro Area resident is $58,861 a year. The US average is $69,021 a year.