Zip 92657 (Newport Beach, CA) Economy


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Newport Beach, CA 92657 is a great place to live with a range of amenities. The average rent for a two bedroom apartment in Newport Beach is $3,470 per month – significantly higher than the US average at $1,430. The cost of groceries in this area is also higher than the national index at 118 versus 100. Living here you can enjoy all the perks of living in Southern California including easy access to nearby beaches, culture, entertainment and dining. Local companies include Hoag Memorial Hospital Presbyterian; Experian; Conexant Systems; PIMCO; Pacific Investment Management Company; Irvine Company Retail Properties Corporation and Edwards Life Sciences Corporation.

Newport Beach (zip 92657) has an unemployment rate of 5.0%. The US average is 6.0%.

Newport Beach (zip 92657) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Newport Beach (zip 92657)
- The Sales Tax Rate for Newport Beach (zip 92657) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Newport Beach (zip 92657) 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 Newport Beach (zip 92657)
- The average income of a Newport Beach (zip 92657) resident is $99,061 a year. The US average is $28,555 a year.
- The Median household income of a Newport Beach (zip 92657) resident is $181,176 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewport Beach, CaliforniaUnited States
  56
  -9.6%-6.2%
  31.9%33.5%
  7.8%6.2%
  8.0%4.6%
  $113,882$37,638
  $181,176$69,021
  $221,786$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.6%6.8%
  8.0%10.0%
  6.3%2.5%
  5.3%11.0%
  2.5%4.8%
  1.4%0.8%
  0.4%1.9%
  11.5%4.7%
  3.7%1.9%
  24.4%7.6%
  0.0%0.1%
  2.5%4.2%
  5.2%9.3%
  18.9%14.0%
  1.7%2.1%
  2.4%7.0%
  2.4%4.8%
  1.8%4.7%
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