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Economy in Sorrento, Florida

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomySorrento, FLUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth1.26%-0.12%
Future Job Growth31.62%31.25%
Sales Taxes7.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$19,724$27,067
Household Income$43,581$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.71%12.10%
Income between 15K and 25K15.43%10.18%
Income between 25K and 35K9.71%10.56%
Income between 35K and 50K22.86%14.98%
Income between 50K and 75K12.86%19.53%
Income between 75K and 100K13.14%12.52%
Income between 100K and 150K11.14%12.14%
Income between 150K and 250K2.00%3.91%
Income between 250K and 500K0.86%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.41%13.81%
Professional and Related Occupations17.31%22.68%
Service26.48%14.51%
Sales and Office20.57%25.22%
Farming, Fishing, and Forestry6.92%0.68%
Construction, Extraction, and Maintenance19.76%9.37%
Production, Transportation, and Material Moving19.55%15.86%
Median Household Income

The unemployment rate in Sorrento, FL, is 10.90%, with job growth of 1.26%. Future job growth over the next ten years is predicted to be 31.62%.

Sorrento, FL Taxes

Sorrento, FL,sales tax rate is 7.00%. Income tax is 0.00%.

Sorrento, FL Income and Salaries

The income per capita is $19,724, which includes all adults and children. The median household income is $43,581.


Sorrento Economy SperlingViews

Fabulous lifestyle: Sorrento is little more than four corners, but it's location just 8 miles from Mt. Dora rank it highly as a place to live. Mt. Dora is a charming town with wonderful old... (read more)Have an opinion about Sorrento? Leave a commentTo See All SperlingViews for Sorrento Click Here