Economy in South Bay, Florida
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Economy
| Unemployment Rate | 10.60% | 9.10% |
| Recent Job Growth | 0.94% | -0.12% |
| Future Job Growth | 31.28% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $11,338 | $27,067 |
| Household Income | $32,519 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 27.91% | 12.10% |
| Income between 15K and 25K | 11.02% | 10.18% |
| Income between 25K and 35K | 14.66% | 10.56% |
| Income between 35K and 50K | 15.47% | 14.98% |
| Income between 50K and 75K | 16.99% | 19.53% |
| Income between 75K and 100K | 6.37% | 12.52% |
| Income between 100K and 150K | 5.56% | 12.14% |
| Income between 150K and 250K | 0.91% | 3.91% |
| Income between 250K and 500K | 0.81% | 3.34% |
| Income greater than 500K | 0.30% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 4.50% | 13.81% |
| Professional and Related Occupations | 16.51% | 22.68% |
| Service | 20.36% | 14.51% |
| Sales and Office | 13.88% | 25.22% |
| Farming, Fishing, and Forestry | 9.01% | 0.68% |
| Construction, Extraction, and Maintenance | 12.10% | 9.37% |
| Production, Transportation, and Material Moving | 22.23% | 15.86% |
The unemployment rate in South Bay, FL, is 10.60%, with job growth of 0.94%. Future job growth over the next ten years is predicted to be 31.28%.
South Bay, FL Taxes
South Bay, FL,sales tax rate is 6.50%. Income tax is 0.00%.
South Bay, FL Income and Salaries
The income per capita is $11,338, which includes all adults and children. The median household income is $32,519.
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