Zip 95650 (Loomis, CA) Economy


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Loomis, CA (95650) is a great place to live with many local businesses and attractions. Its local Grocery Cost Index is 109 versus the US average of 100, making it slightly more expensive than the rest of the country. For those looking for a two bedroom apartment in Loomis, you can expect to pay around $2,040 a month on average— significantly less than the national average of $1,430. Additionally, there are many small businesses in Loomis like Blue Goose Produce & Farm Market, Sierra Nevada House Restaurant & Pub, and Coloma Frozen Pizza that make it an enjoyable place to live.

Loomis (zip 95650) has an unemployment rate of 5.5%. The US average is 6.0%.

Loomis (zip 95650) 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 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Loomis (zip 95650)
- The Sales Tax Rate for Loomis (zip 95650) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Loomis (zip 95650) 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 Loomis (zip 95650)
- The average income of a Loomis (zip 95650) resident is $42,056 a year. The US average is $28,555 a year.
- The Median household income of a Loomis (zip 95650) resident is $108,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoomis, CaliforniaUnited States
  5.56
  -6.2%-6.2%
  36.7%33.5%
  7.5%6.2%
  8.0%4.6%
  $61,256$37,638
  $108,063$69,021
  $142,544$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  11.7%6.8%
  4.9%10.0%
  1.3%2.5%
  12.8%11.0%
  1.3%4.8%
  1.6%0.8%
  1.4%1.9%
  7.1%4.7%
  0.6%1.9%
  14.8%7.6%
  0.0%0.1%
  0.8%4.2%
  12.7%9.3%
  11.2%14.0%
  0.6%2.1%
  4.1%7.0%
  4.0%4.8%
  9.0%4.7%
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