Tahoma, CA is a small town with plenty of charm for those who live there. With its convenient location between Lake Tahoe and Sacramento, residents can enjoy a variety of outdoor activities while still having access to major cities. Additionally, the cost of living in Tahoma is slightly higher than that of other towns due to its unique amenities. The median rental rate for two-bedroom homes in Tahoma is $1,860 per month as compared to the US median rate of $1,430. The Grocery Cost Index in Tahoma is 110 versus 100 in the US, making it pricier overall to buy groceries here. Despite the higher costs associated with living in Tahoma, many local businesses continue to thrive and provide opportunities for residents. Popular local companies include food establishments such as Cabin Coffee Company and Sierra Mountain Pizza Co., as well as service providers such as Tahoma Plumbing and Heating Co., and Cal Sierra Insurance Solutions.
Tahoma has an unemployment rate of 6.3%. The US average is 6.0%.
Tahoma has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Tahoma
- The Sales Tax Rate for Tahoma is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Tahoma is 9.3%. The US average is 4.6%.
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Income and Salaries for Tahoma
- The average income of a Tahoma resident is $44,698 a year. The US average is $37,638 a year.
- The Median household income of a Tahoma resident is $78,125 a year. The US average is $69,021 a year.