Zip 95954 (Magalia, CA) Economy


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Magalia, California is a small town located in Butte county with a population of 95954. This charming community offers its residents peace and tranquility while still being close enough to major cities to access the amenities that come with urban living. The average two-bedroom rent in Magalia is $1,200, cheaper than the national average of $1,430. Additionally, items from the local grocery store have an index cost of 99 compared to the US average of 100.
The town boasts several local businesses such as Reems Hardware & Garden Center which offers hardware supplies as well as lawn and garden items for all your home improvement needs. A family-owned business since 1983, Country Feeds & Seeds offers quality feed and seed products for livestock animals like horses and chickens as well as many varieties of birdseed to attract wildlife to your garden. For those who need furniture or other household items, Magalia Furniture has a wide selection of sofas, chairs, beds and more all at affordable prices.

Magalia (zip 95954) has an unemployment rate of 7.5%. The US average is 6.0%.

Magalia (zip 95954) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.

Tax Rates for Magalia (zip 95954)
- The Sales Tax Rate for Magalia (zip 95954) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Magalia (zip 95954) 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 Magalia (zip 95954)
- The average income of a Magalia (zip 95954) resident is $21,397 a year. The US average is $28,555 a year.
- The Median household income of a Magalia (zip 95954) resident is $52,691 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMagalia, CaliforniaUnited States
  7.56
  -9.4%-6.2%
  33.4%33.5%
  7.3%6.2%
  8.0%4.6%
  $27,235$37,638
  $52,691$69,021
  $64,254$85,028
  Population by Occupation
  5.2%1.2%
  0.0%0.5%
  7.9%6.8%
  3.3%10.0%
  1.6%2.5%
  17.4%11.0%
  1.3%4.8%
  1.8%0.8%
  1.2%1.9%
  1.8%4.7%
  0.7%1.9%
  4.1%7.6%
  0.4%0.1%
  5.6%4.2%
  11.1%9.3%
  16.8%14.0%
  1.3%2.1%
  6.5%7.0%
  5.3%4.8%
  6.6%4.7%
Health