Hemet, CA is a vibrant city located in Southern California. It is home to a number of businesses and attractions that make it an attractive place to live. Companies such as Oceanside Technologies, Hemet Health Care, and Valley Park Automotive are among some of the most prominent employers in Hemet. In terms of attractions, Hemet offers a variety of outdoor activities, including Lake Hemet, Diamond Valley Lake Marina, Simpson Park Golf Course, and more.
In terms of cost of living for 2 bedroom rentals, the price is slightly higher than average for the US at $1,550 compared to $1,430 nationally. Additionally, the grocery cost index in Hemet is slightly lower than that in the rest of the US at 98 versus 100. Therefore, overall Hemet has an affordable cost of living when compared to other places around the country.
Hemet has an unemployment rate of 11.5%. The US average is 6.0%.
Hemet 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 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Hemet
- The Sales Tax Rate for Hemet is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Hemet 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 Hemet
- The average income of a Hemet resident is $23,123 a year. The US average is $37,638 a year.
- The Median household income of a Hemet resident is $46,194 a year. The US average is $69,021 a year.