Sierra Madre, California (91024) is a small city nestled in the foothills of the San Gabriel Mountains, just 20 miles northeast of downtown Los Angeles. It is known for its vibrant downtown district filled with unique shops, restaurants, cafes and galleries. The cost of living in Sierra Madre is slightly higher than the national average; 2 bedroom rent averages $2,360 compared to $1,430 nationally. Grocery costs are also higher in Sierra Madre with an index of 107 versus 100 in the US. Sierra Madre is home to some great local businesses such as Waltz & Sons Hardware Store founded in 1924, and The Village Bakery & Cafe established since 1933. Outdoor enthusiasts can enjoy hiking trails near Arroyo Seco or find a quiet spot at Lizzie's Trail Park with picnic tables and BBQ grills. There are plenty of fitness centers nearby as well as tennis courts, swimming pools and golf courses throughout town.
Sierra Madre (zip 91024) has an unemployment rate of 10.9%. The US average is 6.0%.
Sierra Madre (zip 91024) 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 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Sierra Madre (zip 91024)
- The Sales Tax Rate for Sierra Madre (zip 91024) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Sierra Madre (zip 91024) 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 Sierra Madre (zip 91024)
- The average income of a Sierra Madre (zip 91024) resident is $75,541 a year. The US average is $37,638 a year.
- The Median household income of a Sierra Madre (zip 91024) resident is $116,884 a year. The US average is $69,021 a year.