Zip 93516 (Boron, CA) Economy


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Boron, CA (93516) has an average 2 bedroom rent of $1,300, making it a more affordable option than the US average of $1,430. The grocery cost index for Boron is 95 compared to 100 in the US. Living in Boron can be a great choice for those who are looking for an affordable place to live without sacrificing on quality. Local businesses that make living here enjoyable include AMC Boron Mining Company, Country Corner Market, and Valley Mountain Grocery Store. These stores provide quality produce and other essentials at reasonable prices which makes it easier to stick to a budget while living here. Additionally, the grocery cost index of 95 allows residents to save money when shopping for their favorite items.

Boron (zip 93516) has an unemployment rate of 11.1%. The US average is 6.0%.

Boron (zip 93516) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Boron (zip 93516)
- The Sales Tax Rate for Boron (zip 93516) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Boron (zip 93516) 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 Boron (zip 93516)
- The average income of a Boron (zip 93516) resident is $15,204 a year. The US average is $28,555 a year.
- The Median household income of a Boron (zip 93516) resident is $64,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoron, CaliforniaUnited States
  11.16
  -6.1%-6.2%
  19.6%33.5%
  7.3%6.2%
  8.0%4.6%
  $35,896$37,638
  $64,306$69,021
  $76,458$85,028
  Population by Occupation
  0.0%1.2%
  13.4%0.5%
  7.7%6.8%
  9.9%10.0%
  0.0%2.5%
  9.9%11.0%
  4.7%4.8%
  0.8%0.8%
  1.3%1.9%
  0.7%4.7%
  0.8%1.9%
  0.2%7.6%
  0.0%0.1%
  0.3%4.2%
  10.0%9.3%
  6.6%14.0%
  0.0%2.1%
  5.0%7.0%
  20.8%4.8%
  8.0%4.7%
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