The city of Moreno Valley, CA, located in Riverside County in the 92557 zip code, has an average 2 bedroom rent of $1,910 according to recent data. This is higher than the US average of $1,430 for the same category of housing. Additionally, groceries in this area have a Grocery Cost Index of 99 compared to the US index of 100. With its proximity to Los Angeles and Orange counties via Hwy 60 and I-215, there are many local businesses that cater to residents here. Notable companies include Konica Minolta Business Solutions U.S.A., Inc., Enertech Global LLC and Geotech Drilling & Exploration Inc. Other popular companies such as Target, Home Depot and Albertsons can also be found nearby in Moreno Valley.
Moreno Valley (zip 92557) has an unemployment rate of 9.1%. The US average is 6.0%.
Moreno Valley (zip 92557) has seen the job market increase by 2.2% 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 92557)
- The Sales Tax Rate for Moreno Valley (zip 92557) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Moreno Valley (zip 92557) 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 92557)
- The average income of a Moreno Valley (zip 92557) resident is $20,894 a year. The US average is $28,555 a year.
- The Median household income of a Moreno Valley (zip 92557) resident is $79,833 a year. The US average is $69,021 a year.