Parkland, FL Economy


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Parkland, FL is a small city located in Broward County. It has been recognized for its award-winning schools, low crime rate and access to a wide variety of activities. The average rent for a two-bedroom apartment is $2,560, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Parkland is 112 versus 100 in the US. Some local companies in Parkland include Bimini Bay Outfitters, Parkland Farm Stand & Nursery, and Parkland Country Club. All these businesses provide goods and services that benefit the community and contribute to Parkland's economy. Furthermore, several parks in the area offer outdoor recreational opportunities that appeal to visitors and locals alike.

Parkland has an unemployment rate of 3.2%. The US average is 6.0%.

Parkland has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 48.4%, which is higher than the US average of 33.5%.

Tax Rates for Parkland
- The Sales Tax Rate for Parkland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parkland 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 Parkland
- The average income of a Parkland resident is $49,671 a year. The US average is $28,555 a year.
- The Median household income of a Parkland resident is $174,295 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParkland, FloridaUnited States
  3.26
  -7.7%-6.2%
  48.4%33.5%
  7.0%6.2%
  0.0%4.6%
  $63,078$37,638
  $174,295$69,021
  $182,654$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  2.8%6.8%
  8.3%10.0%
  4.2%2.5%
  7.9%11.0%
  4.1%4.8%
  1.1%0.8%
  4.4%1.9%
  8.0%4.7%
  3.7%1.9%
  18.1%7.6%
  0.0%0.1%
  3.1%4.2%
  7.9%9.3%
  12.7%14.0%
  2.1%2.1%
  4.1%7.0%
  2.9%4.8%
  4.3%4.7%
Reviews for Parkland
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Over 10 years ago

I am only 18 years old, but I have lived here for 10 years, more than half of my life. I attended Riverglades Elementary, Westglades middle, and Marjory Stoneman Douglas  More

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Over 10 years ago

Let's face it, South Florida has really gone downhill fast in the past 5-7 years. Maybe it was the economy crashing, maybe it was the influx of crazies and weirdos to  More

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Our family is from Chicago and we have been living here a year now. Our family settled in NE Parkland, which is considered the "older" section of town. I like it here!   More

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