Palmdale, CA is an excellent place to live with a median 2-bedroom rent of $2,620 per month. This is higher than the US average of $1,430 for a 2 bedroom apartment. In addition to cost of living, Palmdale has several great local companies that make it an attractive place to call home. One standout is the Aerospace Corporation, which employs over 4500 people and provides critical support for national security activities. Another great company in Palmdale is Toyota Motor Sales USA Inc., which opened its new corporate headquarters in the city in 2020. The Grocery Cost Index in Palmdale is also on par with the rest of the nation's at 100 versus 100. All these factors combined make Palmdale a desirable place to live and work!
Palmdale (zip 93551) has an unemployment rate of 15.6%. The US average is 6.0%.
Palmdale (zip 93551) 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 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Palmdale (zip 93551)
- The Sales Tax Rate for Palmdale (zip 93551) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Palmdale (zip 93551) 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 Palmdale (zip 93551)
- The average income of a Palmdale (zip 93551) resident is $31,537 a year. The US average is $28,555 a year.
- The Median household income of a Palmdale (zip 93551) resident is $98,181 a year. The US average is $69,021 a year.