Monrovia, CA is a vibrant city located in the foothills of the San Gabriel Mountains in Los Angeles County. With an estimated population of 36,590, Monrovia offers residents a plethora of amenities and activities to enjoy. The average two-bedroom rent in Monrovia is $2,300, significantly higher than the national average of $1,430. Similarly, the Grocery Cost Index for Monrovia is 103 versus 100 in the US.
Monrovia provides residents with many local companies for them to choose from when needing goods or services. Local businesses include Graystone Furniture & Upholstery Co., Cali Direct Auto Group, Premium Flooring Solutions and Renovation Services LLC., and Jamestown Pizza Kitchen. There are also several well-known chain stores such as Target and Walgreens providing customers with items they need for daily life. No matter what goods or services you’re looking for in Monrovia, there’s always something for everyone!
Monrovia (zip 91016) has an unemployment rate of 9.1%. The US average is 6.0%.
Monrovia (zip 91016) has seen the job market decrease by -12.2% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Monrovia (zip 91016)
- The Sales Tax Rate for Monrovia (zip 91016) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Monrovia (zip 91016) 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 Monrovia (zip 91016)
- The average income of a Monrovia (zip 91016) resident is $40,561 a year. The US average is $37,638 a year.
- The Median household income of a Monrovia (zip 91016) resident is $88,285 a year. The US average is $69,021 a year.