The small city of Grass Valley, California (95949) has a cost of living significantly higher than the national average. This is largely due to a 2 bedroom rental rate of $1,670 per month, compared to the US rate of $1,430. The Grocery Cost Index in Grass Valley is 106 versus 100 nationwide. Despite the high cost of living, the area offers a variety of local companies and amenities like Holbrooke Hotel & Conference Center, BSN Sports Grass Valley, and Empire Mine State Historic Park which make it an attractive place to live and work.
Grass Valley (zip 95949) has an unemployment rate of 6.1%. The US average is 6.0%.
Grass Valley (zip 95949) 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Grass Valley (zip 95949)
- The Sales Tax Rate for Grass Valley (zip 95949) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Grass Valley (zip 95949) 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 Grass Valley (zip 95949)
- The average income of a Grass Valley (zip 95949) resident is $31,484 a year. The US average is $28,555 a year.
- The Median household income of a Grass Valley (zip 95949) resident is $88,730 a year. The US average is $69,021 a year.