Zip 95428 (Covelo, CA) Economy


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The small town of Covelo, CA, population 95428, is a great place to call home. With 2 Bedroom rent at a reasonable $1,340 compared to the US average of $1,430, people who decide to reside there can save money on housing costs. Additionally, grocery cost index in Covelo is 105 versus 100 in the US - making the price of groceries even more appealing for residents.
Covelo offers a variety of activities for residents and visitors alike. Outdoor enthusiasts will love exploring the Mendocino National Forest or nearby Lake Pillsbury. Local businesses like The Round Valley Outpost and General Store provide supplies for any activity you may want to pursue. There are also restaurants available for those looking for a bite to eat such as Rico’s Mexican Restaurant or Heritage House Restaurant & Lounge. No matter what your interests may be, Covelo has something for everyone!

Covelo (zip 95428) has an unemployment rate of 7.1%. The US average is 6.0%.

Covelo (zip 95428) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Covelo (zip 95428)
- The Sales Tax Rate for Covelo (zip 95428) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Covelo (zip 95428) 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 Covelo (zip 95428)
- The average income of a Covelo (zip 95428) resident is $17,561 a year. The US average is $28,555 a year.
- The Median household income of a Covelo (zip 95428) resident is $46,319 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCovelo, CaliforniaUnited States
  7.16
  -9.1%-6.2%
  28.4%33.5%
  7.9%6.2%
  8.0%4.6%
  $21,471$37,638
  $46,319$69,021
  $48,690$85,028
  Population by Occupation
  7.6%1.2%
  1.7%0.5%
  11.7%6.8%
  1.8%10.0%
  0.5%2.5%
  9.1%11.0%
  0.8%4.8%
  0.7%0.8%
  0.0%1.9%
  0.7%4.7%
  1.3%1.9%
  3.9%7.6%
  0.0%0.1%
  14.6%4.2%
  10.4%9.3%
  20.5%14.0%
  6.3%2.1%
  3.1%7.0%
  0.2%4.8%
  5.0%4.7%
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