Korbel, California, also known as 95550, is an attractive community situated along the coast of Humboldt County. It offers a beautiful setting with plenty of local companies and amenities to make living here enjoyable. Housing prices in Korbel are affordable, with an average two-bedroom rent of $1,770 per month compared to the US average of $1,430. Grocery costs are also comparable to other areas in the nation at a Grocery Cost Index of 101. Local businesses include restaurants such as Elmer's Family Diner and cafes like Korbel Country Deli. For shopping needs there are stores like Korbel Store & Fuel Station and Ace Hardware. Other amenities include hiking trails and outdoor recreation opportunities on the nearby ocean shoreline or in the nearby Redwood National Park.
Korbel (zip 95550) has an unemployment rate of 6.7%. The US average is 6.0%.
Korbel (zip 95550) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Korbel (zip 95550)
- The Sales Tax Rate for Korbel (zip 95550) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Korbel (zip 95550) 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 Korbel (zip 95550)
- The average income of a Korbel (zip 95550) resident is $19,707 a year. The US average is $28,555 a year.
- The Median household income of a Korbel (zip 95550) resident is $88,839 a year. The US average is $69,021 a year.