Zip 93263 (Shafter, CA) Economy


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The city of 93263 Shafter, CA is known for its affordability and variety of amenities. The average two-bedroom rent in Shafter is $1,040 compared to the US average two-bedroom rent of $1,430. The grocery cost index in Shafter is 98 versus 100 in the US. This means that groceries are slightly lower than the national average, making it a great place to live on a budget. Not only is it affordable to live in Shafter, but there are also plenty of local companies such as Western Milling, Sun Pacific Trading Company and Superformance International Inc., providing employment opportunities for residents. This small town has much to offer for those looking to save money while enjoying the local culture and business opportunities!

Shafter (zip 93263) has an unemployment rate of 11.1%. The US average is 6.0%.

Shafter (zip 93263) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Shafter (zip 93263)
- The Sales Tax Rate for Shafter (zip 93263) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Shafter (zip 93263) 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 Shafter (zip 93263)
- The average income of a Shafter (zip 93263) resident is $17,691 a year. The US average is $37,638 a year.
- The Median household income of a Shafter (zip 93263) resident is $55,847 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShafter, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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