Silver Springs Shores, FL is a great place to live with many benefits. The rent for a two bedroom apartment is much lower than the US average, making it an affordable option for many people. The Grocery Cost Index in Silver Springs Shores is also lower than the national average. This means that groceries are cheaper here than in other areas of the country. Additionally, there are plenty of local businesses to take advantage of. These include restaurants like Amigo's Mexican Cafe and Grill and cafes like The Coffee Shack. Shopping is convenient in Silver Springs Shores too, with stores such as Walmart and Target located nearby. Other attractions include Silver Spring Brew Company where visitors can enjoy craft beer samples and the beautiful Ocala National Forest offering outdoor activities like fishing, kayaking and hiking.
Silver Springs Shores has an unemployment rate of 5.5%. The US average is 6.0%.
Silver Springs Shores has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Silver Springs Shores
- The Sales Tax Rate for Silver Springs Shores is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Silver Springs Shores 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 Silver Springs Shores
- The average income of a Silver Springs Shores resident is $14,456 a year. The US average is $28,555 a year.
- The Median household income of a Silver Springs Shores resident is $47,658 a year. The US average is $69,021 a year.