Merced, California is a small city located in the Central Valley of California, home to 95341 individuals. This area is known for its affordability and convenience and boasts a 2 bedroom rent rate of $1,180, which is just below the US average of $1,430. Grocery costs are also lower than many other areas with an index of 99 versus 100 in the US. Local businesses include Merced Pediatrics, Merced County Library System, Universal Organics Inc., Fluff N' Stuff Pet Salon & Spa, and The Caffé. These companies provide services ranging from pediatric care to pet grooming and gourmet coffee drinks. With its affordability and variety of local businesses, Merced continues to be an attractive place to live.
Merced (zip 95341) has an unemployment rate of 9.3%. The US average is 6.0%.
Merced (zip 95341) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Merced (zip 95341)
- The Sales Tax Rate for Merced (zip 95341) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Merced (zip 95341) 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 Merced (zip 95341)
- The average income of a Merced (zip 95341) resident is $12,227 a year. The US average is $28,555 a year.
- The Median household income of a Merced (zip 95341) resident is $46,760 a year. The US average is $69,021 a year.