Arroyo Grande, CA, with zip code 93420, is an attractive location to call home with its proximity to the California Central Coast beaches and a low 2 bedroom rent of $2,190. This 2 bedroom rent rate in Arroyo Grande is significantly lower than the US average of $1,430. Other factors that make living in this area affordable include local companies such as The Home Depot for home improvement items and Ralphs for groceries. Its grocery cost index of 109 versus the US average of 100 makes it even more attractive. With all these financial advantages to life in this area, Arroyo Grande is an ideal place to live.
Arroyo Grande (zip 93420) has an unemployment rate of 5.8%. The US average is 6.0%.
Arroyo Grande (zip 93420) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Arroyo Grande (zip 93420)
- The Sales Tax Rate for Arroyo Grande (zip 93420) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Arroyo Grande (zip 93420) 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 Arroyo Grande (zip 93420)
- The average income of a Arroyo Grande (zip 93420) resident is $45,320 a year. The US average is $37,638 a year.
- The Median household income of a Arroyo Grande (zip 93420) resident is $94,315 a year. The US average is $69,021 a year.