Zip 92285 (Homestead Valley, CA) Economy


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Homestead Valley, CA is a great place to live with an affordable cost of living. It has an estimated population of 2,785 and a 2 bedroom rent of $1,360, which is lower than the US average of $1,430. This makes it easier for people to find housing without breaking their budget. Furthermore, the Grocery Cost Index in Homestead Valley is 94 compared to 100 in the US, making groceries even cheaper here. The area also has plenty of local businesses such as Apple Valley Auto Repair and T & R Firewood Service that provide residents with professional services at a competitive price.

Homestead Valley (zip 92285) has an unemployment rate of 7.8%. The US average is 6.0%.

Homestead Valley (zip 92285) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Homestead Valley (zip 92285)
- The Sales Tax Rate for Homestead Valley (zip 92285) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Homestead Valley (zip 92285) 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 Homestead Valley (zip 92285)
- The average income of a Homestead Valley (zip 92285) resident is $19,724 a year. The US average is $28,555 a year.
- The Median household income of a Homestead Valley (zip 92285) resident is $35,732 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomestead Valley, CaliforniaUnited States
  7.86
  -5.7%-6.2%
  38.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $19,286$37,638
  $35,732$69,021
  $37,200$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.4%6.8%
  1.7%10.0%
  3.5%2.5%
  27.9%11.0%
  0.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  1.4%4.2%
  5.2%9.3%
  23.2%14.0%
  7.1%2.1%
  6.0%7.0%
  6.6%4.8%
  1.3%4.7%
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