Zip 92661 (Newport Beach, CA) Economy


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Newport Beach, CA 92661 is a coastal city in Orange County, California. The average two-bedroom rent in Newport Beach is $2,860 per month, while the US average for a two-bedroom is only $1,430. Grocery costs in Newport Beach are also higher than the national average, with an index of 118 compared to 100. Many popular companies are based in Newport Beach such as Quiksilver and Volcom apparel companies as well as PacifiCare Health Systems. Other iconic names located in Newport Beach include Jimmy John's Gourmet Sandwiches and Boathouse Collective restaurant.

Newport Beach (zip 92661) has an unemployment rate of 5.0%. The US average is 6.0%.

Newport Beach (zip 92661) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Newport Beach (zip 92661)
- The Sales Tax Rate for Newport Beach (zip 92661) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Newport Beach (zip 92661) 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 Newport Beach (zip 92661)
- The average income of a Newport Beach (zip 92661) resident is $88,229 a year. The US average is $28,555 a year.
- The Median household income of a Newport Beach (zip 92661) resident is $169,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewport Beach, CaliforniaUnited States
  56
  -9.6%-6.2%
  31.9%33.5%
  7.8%6.2%
  8.0%4.6%
  $113,495$37,638
  $169,911$69,021
  $248,034$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  3.1%10.0%
  3.9%2.5%
  9.5%11.0%
  0.0%4.8%
  0.0%0.8%
  6.2%1.9%
  2.4%4.7%
  2.1%1.9%
  18.6%7.6%
  2.3%0.1%
  5.2%4.2%
  2.2%9.3%
  10.4%14.0%
  3.0%2.1%
  7.5%7.0%
  4.3%4.8%
  16.4%4.7%
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