Palmdale, CA is a great place to live with an abundance of local businesses to choose from. The average 2-bedroom rent in Palmdale is $1,920, which is slightly higher than the US average of $1,430. Grocery Cost Index in Palmdale also stands at 98 versus 100 in the US, making it an affordable city for groceries and other necessities. Local businesses such as Bank of America, El Pollo Loco, and CVS Pharmacy provide residents with services and amenities. Additionally, the low cost of living in Palmdale makes it a great place to settle down with plenty of options for entertainment and activities.
Palmdale (zip 93550) has an unemployment rate of 15.6%. The US average is 6.0%.
Palmdale (zip 93550) 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 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Palmdale (zip 93550)
- The Sales Tax Rate for Palmdale (zip 93550) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Palmdale (zip 93550) 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 Palmdale (zip 93550)
- The average income of a Palmdale (zip 93550) resident is $19,347 a year. The US average is $37,638 a year.
- The Median household income of a Palmdale (zip 93550) resident is $54,693 a year. The US average is $69,021 a year.