Moreno Valley, CA (92551) is a vibrant city with plenty of opportunities for entertainment, shopping, and more. The average 2 bedroom rent in Moreno Valley is an affordable $2,020 compared to the US average of $1,430. Additionally, the grocery cost index in Moreno Valley is 99 versus the US average of 100. Local businesses contributing to the economy include Home Depot, Walmart Supercenter, Lowe's Home Improvement Warehouse, Sprouts Farmers Market, Target and many others. Outdoor activities can also be enjoyed throughout the city with several parks such as Box Springs Mountain Park & Preserve and Lake Perris State Recreation Area offering great places to explore nature. With its convenient location near several major freeways and highways, Moreno Valley is a great place to live for anyone looking for a relaxed home environment while still having access to all that life has to offer.
Moreno Valley (zip 92551) has an unemployment rate of 9.1%. The US average is 6.0%.
Moreno Valley (zip 92551) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Moreno Valley (zip 92551)
- The Sales Tax Rate for Moreno Valley (zip 92551) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Moreno Valley (zip 92551) is 9.3%. The US average is 4.6%.
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Income and Salaries for Moreno Valley (zip 92551)
- The average income of a Moreno Valley (zip 92551) resident is $21,976 a year. The US average is $37,638 a year.
- The Median household income of a Moreno Valley (zip 92551) resident is $80,287 a year. The US average is $69,021 a year.