Shasta Lake, California is a small city of 10,385 people located in the northern part of the state. It is known for its beautiful mountain views and recreational activities. The 2 bedroom rent in Shasta Lake is $1,420, which is close to the US average of $1,430. The grocery cost index here is 98, which falls below the national average of 100.
There are several prominent companies based in Shasta Lake such as Pacific Gas & Electric Company (PG&E), Mayers Memorial Hospital District and Shasta County Office Of Education. These companies are major contributors to the local economy and employ thousands of people each year. The unemployment rate in Shasta Lake is 4%, well below the US average of 5%. The median household income here is $47,521 per year compared to $56,516 across the country. All these economic indicators show that living in Shasta Lake can be quite affordable with a good quality of life.
Shasta Lake (zip 96019) has an unemployment rate of 7.5%. The US average is 6.0%.
Shasta Lake (zip 96019) 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 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Shasta Lake (zip 96019)
- The Sales Tax Rate for Shasta Lake (zip 96019) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Shasta Lake (zip 96019) 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 Shasta Lake (zip 96019)
- The average income of a Shasta Lake (zip 96019) resident is $20,344 a year. The US average is $28,555 a year.
- The Median household income of a Shasta Lake (zip 96019) resident is $50,694 a year. The US average is $69,021 a year.