Lake Alfred, FL is a beautiful city located in Polk County. It has a variety of local businesses that make it a great place to live including Haines City Chrysler Dodge Jeep Ram, United Rentals, and Farmers & Merchants Bank. Local residents enjoy the low cost of living with rent for two bedrooms around $1,030 and grocery costs index around 103 compared to the US average of 100. Aside from its affordability, Lake Alfred also has many outdoor activities available like fishing and boating at Lake Alfred Park on Lake Haines as well as hiking trails at West Trailhead Park.
Lake Alfred has an unemployment rate of 5.6%. The US average is 6.0%.
Lake Alfred has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Lake Alfred
- The Sales Tax Rate for Lake Alfred is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Alfred 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 Lake Alfred
- The average income of a Lake Alfred resident is $15,652 a year. The US average is $28,555 a year.
- The Median household income of a Lake Alfred resident is $48,203 a year. The US average is $69,021 a year.