92505 is a Riverside, California zip code that is home to many businesses. Companies such as All American Moving & Storage, Willey Plumbing, Oakes Automotive Repair and the Veterinary Clinic of Riverside are all located in this area. Rent for a two bedroom in 92505 is much higher than the national average at $2,300 compared to $1,430. The grocery cost index in this neighborhood is also higher than nationwide at 100 versus 100. Businesses here can be affected by the cost of living and rental prices due to it being so high compared to other areas which could potentially make it more difficult for them to acquire new customers or have a larger customer base. To combat these issues businesses may need to offer discounts or promotions in order to make their services more appealing if they want to stay competitive.
Riverside (zip 92505) has an unemployment rate of 7.1%. The US average is 6.0%.
Riverside (zip 92505) 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 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Riverside (zip 92505)
- The Sales Tax Rate for Riverside (zip 92505) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Riverside (zip 92505) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Riverside (zip 92505)
- The average income of a Riverside (zip 92505) resident is $25,013 a year. The US average is $37,638 a year.
- The Median household income of a Riverside (zip 92505) resident is $72,721 a year. The US average is $69,021 a year.