Wellington, FL is a beautiful city located in Palm Beach County. It is home to dozens of local businesses and organizations including Wellington Regional Medical Center, KFC, Pizza Hut, T-Mobile, Wine Spectator Magazine Group and more. The cost of living in Wellington is slightly higher than the US average due mostly to higher rental rates and grocery costs. The average two bedroom rent in Wellington is $2,200 compared to the US average of $1,430 and the Grocery Cost Index in Wellington is 109 versus 100 for the US. This makes it a desirable place to live despite its slightly higher costs compared to other cities.
Wellington has an unemployment rate of 3.7%. The US average is 6.0%.
Wellington has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Wellington
- The Sales Tax Rate for Wellington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wellington 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 Wellington
- The average income of a Wellington resident is $36,106 a year. The US average is $28,555 a year.
- The Median household income of a Wellington resident is $98,163 a year. The US average is $69,021 a year.