Zip 96001 (Redding, CA) Economy


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Redding, CA (96001) is an affordable place to live in terms of rent and cost of living. The average two-bedroom rent in Redding is $1,340, which is significantly cheaper than the US national average of $1,430. Additionally, the Grocery Cost Index in Redding is also 100 compared to the National Average of 100. Redding has a number of local companies that serve the city. Some notable businesses include Yaksar Automotive Repair and Tire Center, Ed's Carpet & Floor Service, and Panther Tire Pros & Auto Care. All three companies offer quality automotive services at prices that are competitive within the local area. In addition to automotive services, Redding has a wide range of other businesses that cover a variety of industries including healthcare, technology, retail stores and restaurants. Businesses such as Walmart Supercenter and KFC provide Redding locals with convenient access to goods and services while still providing great value for money.

Redding (zip 96001) has an unemployment rate of 6.8%. The US average is 6.0%.

Redding (zip 96001) has seen the job market increase by 1.5% 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 Redding (zip 96001)
- The Sales Tax Rate for Redding (zip 96001) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Redding (zip 96001) 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 Redding (zip 96001)
- The average income of a Redding (zip 96001) resident is $27,090 a year. The US average is $28,555 a year.
- The Median household income of a Redding (zip 96001) resident is $61,127 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedding, CaliforniaUnited States
  6.86
  -4.1%-6.2%
  31.4%33.5%
  7.3%6.2%
  8.0%4.6%
  $36,023$37,638
  $61,127$69,021
  $76,734$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.9%6.8%
  5.9%10.0%
  1.1%2.5%
  10.9%11.0%
  4.1%4.8%
  1.0%0.8%
  1.1%1.9%
  2.8%4.7%
  2.2%1.9%
  7.0%7.6%
  0.0%0.1%
  6.5%4.2%
  9.1%9.3%
  19.5%14.0%
  1.6%2.1%
  8.7%7.0%
  4.9%4.8%
  5.4%4.7%
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