Arcadia, FL is a charming city located in the heart of Southern Florida. The city offers plenty of attractions including outdoor activities, shopping, and historical sites. It is also home to several notable companies such as Arcadia Utilities, Arcadia Waste Management, and Arcadia Automobiles.
The cost of living in Arcadia is slightly higher than the national average with a 2 bedroom rental costing $1,640 compared to the U.S. average of $1,430. Although more expensive than many other cities in the area, the grocery cost index in Arcadia stands at 101 compared to 100 nationally and this helps offset some of the additional costs associated with living there.
Arcadia has an unemployment rate of 4.4%. The US average is 6.0%.
Arcadia has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Arcadia
- The Sales Tax Rate for Arcadia is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Arcadia 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 Arcadia
- The average income of a Arcadia resident is $14,791 a year. The US average is $28,555 a year.
- The Median household income of a Arcadia resident is $27,869 a year. The US average is $69,021 a year.