Lake Isabella, CA (93240) is a small rural town located in Kern County. The cost of living here is quite low with the average two bedroom rent being $1,030 compared to $1,430 on average in the United States. Groceries here are also quite affordable, with the grocery cost index being 97 versus 100 in the US.
The population of Lake Isabella is just over 4,000 people and many of them are employed by local businesses. A few of the larger employers include El Paso Natural Gas Company, Starbucks Corporation, Valley Electric Association and Kaiser Permanente. There are also a variety of other job opportunities within retail, sales and service industries in the area.
Lake Isabella (zip 93240) has an unemployment rate of 11.1%. The US average is 6.0%.
Lake Isabella (zip 93240) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Lake Isabella (zip 93240)
- The Sales Tax Rate for Lake Isabella (zip 93240) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Isabella (zip 93240) 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 Lake Isabella (zip 93240)
- The average income of a Lake Isabella (zip 93240) resident is $20,125 a year. The US average is $37,638 a year.
- The Median household income of a Lake Isabella (zip 93240) resident is $30,522 a year. The US average is $69,021 a year.