Sanford, FL is a desirable city located in the state of Florida. It has a range of employment opportunities provided by local companies such as SunTrust Bank, Publix Super Markets, and Central Florida Regional Hospital. There are also great education institutions like Seminole State College of Florida and Rollins College available to residents. The cost of living in Sanford is comparable to that of the United States on average, however rental prices for two-bedroom homes might be slightly higher priced at $1,550 compared to an average of $1,430 for other states. Grocery costs are similar to the US index at 100 points each. All in all, Sanford is a great location with an affordable cost of living.
Sanford has an unemployment rate of 6.5%. The US average is 6.0%.
Sanford has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Sanford
- The Sales Tax Rate for Sanford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sanford 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 Sanford
- The average income of a Sanford resident is $18,298 a year. The US average is $28,555 a year.
- The Median household income of a Sanford resident is $55,428 a year. The US average is $69,021 a year.