The city of Compton, California (zip code 90220) is a bustling and vibrant community. It offers its residents an array of businesses, eateries, local attractions, and entertainment venues. The median rent for a two-bedroom apartment in Compton is $1,850 per month. This is over $400 more than the US median rent of $1,430 per month. Grocery costs in Compton are also higher than those across the US with a grocery index value of 100 versus the US average index value of 100. There are many companies located in Compton including Home Depot, Target, McDonalds and CVS Pharmacy as well as many local businesses ranging from automotive shops to small boutiques. Residents should be aware that due to the higher rent and living costs associated with this area they may need to adjust their budget accordingly or look for other areas with lower costs of living.
Compton (zip 90220) has an unemployment rate of 16.1%. The US average is 6.0%.
Compton (zip 90220) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Compton (zip 90220)
- The Sales Tax Rate for Compton (zip 90220) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Compton (zip 90220) 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 Compton (zip 90220)
- The average income of a Compton (zip 90220) resident is $15,623 a year. The US average is $28,555 a year.
- The Median household income of a Compton (zip 90220) resident is $65,337 a year. The US average is $69,021 a year.