Covina is a city located in Los Angeles County in California. It is home to approximately 50,000 people and is known for its local businesses and offerings. The average 2 bedroom rent in Covina is $2,110, which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index for Covina sits at 102 versus 100 in the US. Some of the top businesses and companies in Covina include Starbuck's Coffee, Rally's Hamburgers, The UPS Store, LA Fitness and AMC Covina 17. These establishments offer locals a variety of services such as dining options, professional services and entertainment experiences.
Covina (zip 91723) has an unemployment rate of 11.8%. The US average is 6.0%.
Covina (zip 91723) has seen the job market decrease by -12.2% 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 91723)
- The Sales Tax Rate for Covina (zip 91723) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Covina (zip 91723) 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 91723)
- The average income of a Covina (zip 91723) resident is $33,830 a year. The US average is $37,638 a year.
- The Median household income of a Covina (zip 91723) resident is $73,977 a year. The US average is $69,021 a year.