Polk County, FL Economy


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Polk County, Florida is an ideal place to live due to its affordable housing and low cost of living. The average two bedroom rent in Polk County is $1160, which is significantly lower than the US average of $1,430. Grocery costs in Polk County are also very affordable with a grocery cost index of 103 compared to the US index of 100. Residents can find plenty of job opportunities from local companies such as Publix Supermarkets, Depo Medical Supplies, and Royal Technologies Group. With all these factors combined, Polk County is a great place to live for those looking for an affordable lifestyle.

Polk County has an unemployment rate of 5.6%. The US average is 6.0%.

Polk County has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.

Tax Rates for Polk County
- The Sales Tax Rate for Polk County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Polk 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 Polk County
- The average income of a Polk County resident is $21,157 a year. The US average is $28,555 a year.
- The Median household income of a Polk County resident is $55,099 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolk, FloridaUnited States
  5.66
  -2.2%-6.2%
  43.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $27,909$37,638
  $55,099$69,021
  $63,591$85,028
  Population by Occupation
  1.1%1.2%
  0.2%0.5%
  8.4%6.8%
  6.0%10.0%
  2.6%2.5%
  14.4%11.0%
  6.3%4.8%
  0.9%0.8%
  1.2%1.9%
  4.3%4.7%
  1.9%1.9%
  4.7%7.6%
  0.1%0.1%
  6.4%4.2%
  7.0%9.3%
  12.3%14.0%
  5.1%2.1%
  8.7%7.0%
  4.8%4.8%
  3.7%4.7%
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