Homosassa Springs, FL is an attractive place to call home due to its comparatively low cost of living. The average rent for a two bedroom apartment in Homosassa Springs is $1,020 per month compared to the U.S. average of $1,430 per month. Furthermore, the Grocery Cost Index in Homosassa Springs was 104, meaning groceries are slightly more expensive than the national average of 100. \nResidents of Homosassa Springs benefit from local businesses such as Manatee Lanes Bowling Alley and Big Deck Marina & Tiki Bar. Other popular companies include Southern Woods Nursery and Wholesale Florist, The Glass Hut Art Studio and Gallery, and Nature Coast Environmental Solutions. All these companies offer valuable services to locals while helping boost the economy in Homosassa Springs.
Homosassa Springs has an unemployment rate of 6.4%. The US average is 6.0%.
Homosassa Springs has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Homosassa Springs
- The Sales Tax Rate for Homosassa Springs is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homosassa Springs 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 Homosassa Springs
- The average income of a Homosassa Springs resident is $18,482 a year. The US average is $28,555 a year.
- The Median household income of a Homosassa Springs resident is $41,250 a year. The US average is $69,021 a year.