The city of Redding, CA has an affordable cost of living, with 2 bedroom rent averaging $1,290 per month compared to the US average of $1,430. Grocery prices are also lower on average at 100 versus 100 in the US. This makes it a great city for those looking to save money. The area is home to many companies such as Walmart, CVS Pharmacy, and Target which offer convenient shopping options. For other amenities there is the Sundial Bridge which offers stunning views over the Sacramento River. Redding is also home to several local businesses such as Wildcard Brewing Company, Shasta Produce, and NorCal Natural Foods which provide unique products and services to the community.
Redding (zip 96002) has an unemployment rate of 6.8%. The US average is 6.0%.
Redding (zip 96002) 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 96002)
- The Sales Tax Rate for Redding (zip 96002) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Redding (zip 96002) 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 96002)
- The average income of a Redding (zip 96002) resident is $21,894 a year. The US average is $28,555 a year.
- The Median household income of a Redding (zip 96002) resident is $66,136 a year. The US average is $69,021 a year.