Rancho Palos Verdes is a city located in Los Angeles County, California. It has an estimated population of around 42,000 people and is known for its stunning and vibrant landscape. The 2 bedroom rent in Rancho Palos Verdes is $3,350 which is much higher than the US average of $1,430. This reflects the high cost of living in this area as well as the desirability of living here. Grocery prices also tend to be higher with a grocery cost index at 110 versus 100 in the US. Local companies that can be found around Rancho Palos Verdes include Terranea Resort, San Pedro Fish Market, PV Racquet Club and Malaga Bank. Many residents enjoy taking advantage of these local businesses while living in this exquisite area.
Rancho Palos Verdes (zip 90275) has an unemployment rate of 7.3%. The US average is 6.0%.
Rancho Palos Verdes (zip 90275) 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 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Rancho Palos Verdes (zip 90275)
- The Sales Tax Rate for Rancho Palos Verdes (zip 90275) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Rancho Palos Verdes (zip 90275) 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 Rancho Palos Verdes (zip 90275)
- The average income of a Rancho Palos Verdes (zip 90275) resident is $57,144 a year. The US average is $28,555 a year.
- The Median household income of a Rancho Palos Verdes (zip 90275) resident is $158,952 a year. The US average is $69,021 a year.