Zip 91722 (Covina, CA) Economy


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91722 Covina, CA is located in Los Angeles county and is a great place to live due to its low cost of living. The two bedroom rent in this area is only $2,290 which is much less than the US average of $1,430 per month. Furthermore, the Grocery Cost Index for this region is 101 versus 100 in the US, meaning groceries are slightly more expensive here but still affordable. There are many local companies in 91722 Covina, CA such as Sandoval Insurance Agency, Covina Dermatology Medical Group PC and G&H Prosthetics & Orthotics Inc., that provide employment opportunities for residents. Additionally, there are numerous restaurants and shops within easy reach that make for an enjoyable day out with family or friends.

Covina (zip 91722) has an unemployment rate of 11.8%. The US average is 6.0%.

Covina (zip 91722) 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 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Covina (zip 91722)
- The Sales Tax Rate for Covina (zip 91722) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Covina (zip 91722) 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 Covina (zip 91722)
- The average income of a Covina (zip 91722) resident is $22,613 a year. The US average is $28,555 a year.
- The Median household income of a Covina (zip 91722) resident is $86,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCovina, CaliforniaUnited States
  11.86
  -12.2%-6.2%
  32.1%33.5%
  9.5%6.2%
  8.0%4.6%
  $30,045$37,638
  $86,583$69,021
  $92,493$85,028
  Population by Occupation
  0.4%1.2%
  0.3%0.5%
  5.9%6.8%
  11.6%10.0%
  5.1%2.5%
  10.7%11.0%
  6.9%4.8%
  1.1%0.8%
  1.9%1.9%
  4.2%4.7%
  1.4%1.9%
  4.5%7.6%
  0.0%0.1%
  5.0%4.2%
  6.9%9.3%
  16.3%14.0%
  2.2%2.1%
  6.7%7.0%
  4.5%4.8%
  4.5%4.7%
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