Sanibel is a picturesque beach town located in Southwest Florida. It's known for its beaches and other outdoor activities like bird-watching, fishing, and kayaking. The cost of living here is slightly higher than the national average due to the high demand of these amenities. Rent for a two bedroom is around $1,980 versus the U.S. average of $1,430 while the Grocery Cost Index is 117 compared to 100 in the U.S. As far as businesses go, Sanibel has many small local businesses like Sanibel Day Spa & Salon, Island Pizza Company, and Sanibel Coffee Roasters. As for attractions, there's the JN “Ding” Darling National Wildlife Refuge which offers visitors the chance to take a wildlife drive or join an eco-tour; 'Tween Waters Island Resort & Spa with its beautiful beachfront; and Bowman's Beach Park which has great ocean views from their picnic pavilions. There are also several schools in Sanibel such as Sanibel School and St Michael's Lutheran School that provide excellent education opportunities for children of all ages.
Sanibel has an unemployment rate of 4.6%. The US average is 6.0%.
Sanibel 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 41.6%, which is higher than the US average of 33.5%.
Tax Rates for Sanibel
- The Sales Tax Rate for Sanibel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sanibel 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 Sanibel
- The average income of a Sanibel resident is $81,744 a year. The US average is $28,555 a year.
- The Median household income of a Sanibel resident is $103,413 a year. The US average is $69,021 a year.