Alva, FL is a small town located in Lee County. It provides a tranquil atmosphere for its residents who enjoy taking in the great outdoors, with numerous recreational activities available in the area. The cost of living in Alva is lower than that of the US; two bedroom rent is about $1,140 compared to $1,430 on average for similar dwellings throughout the country. Grocery Cost Index for Alva stands at 105 versus 100 nationally. The city also has several local companies such as Alva Pharmacy, Alva Pizza & Subs and Chico’s Seafood Restaurant that contribute to its vibrant economy. Living in Alva offers an affordable lifestyle filled with natural beauty and community spirit.
Alva has an unemployment rate of 4.6%. The US average is 6.0%.
Alva has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.
Tax Rates for Alva
- The Sales Tax Rate for Alva is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alva is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alva
- The average income of a Alva resident is $30,754 a year. The US average is $28,555 a year.
- The Median household income of a Alva resident is $81,648 a year. The US average is $69,021 a year.