The city of Moreno Valley, CA (92555) is a great place to live. The average two-bedroom rent in the area is $2,290, which is slightly more expensive than the national average of $1,430. The local grocery cost index is also on par with the US average of 100.
Moreno Valley has plenty to offer its residents in terms of job opportunities. Well known companies such as Amazon, Target and Home Depot all contribute to the local economy and provide employment for citizens. In addition to these large names, there are a number of smaller businesses that inhabit Moreno Valley such as Edible Arrangements, Central Life Sciences and Preferred Care Partners Medical Group. These establishments all contribute to the diverse local economy and provide further job opportunities for those who live in Moreno Valley.
Moreno Valley (zip 92555) has an unemployment rate of 9.1%. The US average is 6.0%.
Moreno Valley (zip 92555) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Moreno Valley (zip 92555)
- The Sales Tax Rate for Moreno Valley (zip 92555) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Moreno Valley (zip 92555) 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 Moreno Valley (zip 92555)
- The average income of a Moreno Valley (zip 92555) resident is $29,698 a year. The US average is $37,638 a year.
- The Median household income of a Moreno Valley (zip 92555) resident is $98,162 a year. The US average is $69,021 a year.