Spring Hill, FL is a great place to live with a low cost of living when compared to the US as a whole. The two bedroom rent here is only $1,550 versus $1,430 in the US. The grocery cost index is also lower than the national average at 103 versus 100. Popular local companies in Spring Hill include Access Health Care Solutions, iQor Technology Services, and Suncoast Credit Union. There are also several large medical centers in the area such as Oak Hill Hospital and Florida Cancer Specialists & Research Institute. All of this makes Spring Hill an attractive location for those looking for affordability along with plenty of job opportunities.
Spring Hill has an unemployment rate of 5.8%. The US average is 6.0%.
Spring Hill has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Spring Hill
- The Sales Tax Rate for Spring Hill is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Spring Hill 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 Spring Hill
- The average income of a Spring Hill resident is $20,251 a year. The US average is $28,555 a year.
- The Median household income of a Spring Hill resident is $55,573 a year. The US average is $69,021 a year.