Find out how much it costs to live in Riverside.
There's no way to sugar coat this, so we won't: Riverside, California is pretty damn expensive, with a cost of living much higher than the national average. You won't find much of a break in the way of taxes either, with a "Least Tax Friendly" rating from Kiplinger. Whether or not the California lifestyle is worth the cost will be solely up to you.
Least Tax Friendly
State Income Tax:
Social Security Tax?
County + State Sales Tax
Property Tax Rate *
Property Tax Ranking (County Property Tax rank out of 2,773, higher rank=lower rate) *
Cost of Living Index (100=average):
Housing + transportation costs as % of income:
State Sales Tax Breaks for Seniors:
Tax burden: % income going to state and local taxes:
In 2014, the Governor reinstated the property tax postponement program, which provides property-tax relief to senior citizens, with revisions. Senior, blind and disabled citizens with an annual income of less than $35,000 and 40% equity in their homes can defer payment of property taxes, beginning September 2016. Each county may also implement a property tax postponement program of its own if it elects to do so.
For more detailed tax information from Kiplinger, visit www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/
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To learn more about real estate in Riverside book a visit and we'll help you find the right place to live.
Riverside has a slightly higher unemployment rate than some cities on our list, and the percentage of residents age 65+ which are employed hovers slightly below average. That being said, some of the top hiring industries include healthcare, administrative and waste management services, and wholesale trade.
GDP Growth Last 3 Years
Income Growth Last 3 Years
Employment Growth Last 3 Years