Rancho Santa Margarita, CA (92688) is an affluent city located in Orange County, California. The cost of living is slightly higher than the national average as 2 bedroom rent prices are $3,070 compared to the US average of $1,430. The Grocery Cost Index for Rancho Santa Margarita is 103 versus 100 being the US average. Some notable local companies include: RSM Legal Solutions, Yodel Technologies, and TakeMyBooks LLC. Residents of Rancho Santa Margarita have access to numerous amenities such as a large shopping center with many stores and restaurants, a plethora of recreational activities including several parks and outdoor areas perfect for biking or hiking along with golf courses and tennis courts. Additionally there are multiple community events held throughout the year giving citizens plenty of opportunities to enjoy time outdoors while meeting neighbors.
Rancho Santa Margarita (zip 92688) has an unemployment rate of 5.3%. The US average is 6.0%.
Rancho Santa Margarita (zip 92688) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Rancho Santa Margarita (zip 92688)
- The Sales Tax Rate for Rancho Santa Margarita (zip 92688) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Rancho Santa Margarita (zip 92688) 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 Rancho Santa Margarita (zip 92688)
- The average income of a Rancho Santa Margarita (zip 92688) resident is $52,172 a year. The US average is $37,638 a year.
- The Median household income of a Rancho Santa Margarita (zip 92688) resident is $127,522 a year. The US average is $69,021 a year.