The town of Lockwood, California (93932) has a 2 bedroom rent price of $1,830, which is significantly higher than the national average of $1,430. Additionally, when it comes to grocery costs, Lockwood’s index is 102 versus 100 in the US meaning that food costs are slightly higher.
As a small town of just 783 people, Lockwood offers few local businesses for residents to patronize. Some popular choices include San Antonio Del Rio Hills Farm Market and Driscoll Farms & Sons Produce Market. These businesses offer locally grown produce as well as other items at competitive prices compared to larger chain stores in nearby cities such as Salinas and Soledad.
Overall, living in Lockwood is more expensive than living in the US due to its high rental rates and higher grocery costs index. However, with access to locally owned businesses such as San Antonio Del Rio Hills Farm Market and Driscoll Farms & Sons Produce Market, those who live in Lockwood can find ways to save money while still enjoying a high quality of life.
Lockwood (zip 93932) has an unemployment rate of 10.4%. The US average is 6.0%.
Lockwood (zip 93932) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Lockwood (zip 93932)
- The Sales Tax Rate for Lockwood (zip 93932) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Lockwood (zip 93932) 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 Lockwood (zip 93932)
- The average income of a Lockwood (zip 93932) resident is $38,975 a year. The US average is $28,555 a year.
- The Median household income of a Lockwood (zip 93932) resident is $57,054 a year. The US average is $69,021 a year.