Valrico, FL is a vibrant city located in Hillsborough County. It is home to many local businesses, such as Valrico Cafe, Valrico Dental Care, and Valrico Family Chiropractor. Residents of Valrico enjoy many amenities that add to its appeal as a great place to live. The cost of living in Valrico is slightly higher than the national average due to the 2 bedroom rent costing $2,220 compared to the US average of $1,430 and a grocery cost index that is 105 versus 100 in the US. Despite this slightly higher cost of living, Valrico is still an attractive area for residents who are looking for quality housing at an affordable price.
Valrico has an unemployment rate of 4.6%. The US average is 6.0%.
Valrico 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 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Valrico
- The Sales Tax Rate for Valrico is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valrico 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 Valrico
- The average income of a Valrico resident is $32,346 a year. The US average is $28,555 a year.
- The Median household income of a Valrico resident is $84,986 a year. The US average is $69,021 a year.