Elk Grove, California (95624) is a suburb of Sacramento located just south of the city. This area offers excellent quality of life with an average two bedroom apartment costing $2,080 in rent compared to the US average rate of $1,430. The cost of living index in Elk Grove is 106 versus 100 nationwide which indicates that basic goods and services are slightly more expensive here than the national average. Home to companies like Intel, CSL Plasma and US Foods, Elk Grove is an ideal place for those looking for employment opportunities in a vibrant suburban community. With its close proximity to both Sacramento and San Francisco, residents can find many things to do within minutes.
Elk Grove (zip 95624) has an unemployment rate of 6.2%. The US average is 6.0%.
Elk Grove (zip 95624) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Elk Grove (zip 95624)
- The Sales Tax Rate for Elk Grove (zip 95624) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Elk Grove (zip 95624) 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 Elk Grove (zip 95624)
- The average income of a Elk Grove (zip 95624) resident is $29,752 a year. The US average is $28,555 a year.
- The Median household income of a Elk Grove (zip 95624) resident is $106,600 a year. The US average is $69,021 a year.