Citrus County, FL Economy


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Citrus County, FL is a great place to live for those looking for a more affordable lifestyle. With two-bedroom rents in the county averaging around $970 and grocery costs at an index of 103 versus 100 in the US, it's no wonder why so many are flocking to this area. The county has several popular employers including Progress Energy Florida and Gulf Coast Medical Center. Citrus County also offers wonderful outdoor activities with its lakes and trails, making it a great place to relax and enjoy nature. There is also an abundance of shopping, dining, and entertainment opportunities that make Citrus County a great choice for anyone looking for an affordable way of life.

Citrus County has an unemployment rate of 6.4%. The US average is 6.0%.

Citrus County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Citrus County
- The Sales Tax Rate for Citrus County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Citrus County 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 Citrus County
- The average income of a Citrus County resident is $23,495 a year. The US average is $28,555 a year.
- The Median household income of a Citrus County resident is $48,664 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCitrus, FloridaUnited States
  6.46
  -5.3%-6.2%
  29.0%33.5%
  6.0%6.2%
  0.0%4.6%
  $29,948$37,638
  $48,664$69,021
  $61,903$85,028
  Population by Occupation
  1.0%1.2%
  0.2%0.5%
  10.1%6.8%
  4.6%10.0%
  1.7%2.5%
  15.8%11.0%
  3.3%4.8%
  2.9%0.8%
  1.1%1.9%
  2.6%4.7%
  2.1%1.9%
  5.1%7.6%
  0.0%0.1%
  3.8%4.2%
  6.2%9.3%
  16.3%14.0%
  3.2%2.1%
  8.6%7.0%
  6.6%4.8%
  4.8%4.7%
Health