Istachatta, FL is a small town located in Hernando County. It is a rural area with an estimated population of only 499 people. The average two bedroom rent in Istachatta is lower than the national average at $1,190 versus $1,430. Additionally, the Grocery Cost Index in Istachatta is 103 compared to the US index of 100. \nThe local economy is mainly agrarian, with many farms and small businesses located in the area including Wren Farms & Nursery LLC, Bystrek Farms Inc., and M&P Lumber Co. Furthermore, some services are also available such as Istachatta Storage and Moving and Hayner Plumbing and Electrical Services. With its numerous amenities and budget friendly cost of living, Istachatta provides an attractive option for those looking to relocate to a more pastoral setting.
Istachatta has an unemployment rate of 5.8%. The US average is 6.0%.
Istachatta has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Istachatta
- The Sales Tax Rate for Istachatta is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Istachatta 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 Istachatta
- The average income of a Istachatta resident is $14,072 a year. The US average is $28,555 a year.
- The Median household income of a Istachatta resident is $23,194 a year. The US average is $69,021 a year.