St. Lucie County, Florida is an attractive destination for many people due to its low cost of living. The 2 bedroom rent in the area is $1,460 compared to the US average of $1,430. Additionally, the Grocery Cost Index in St. Lucie County is 104 compared to the 100 US average. This means that a household has more purchasing power for groceries in St. Lucie than elsewhere in the United States.
The economy of St.Lucie County consists of a diverse range of industries including tourism, manufacturing, and retail centers such as Walmart and Lowe's Home Improvement Center which employ thousands of people in the area. Other major employers include local hospitals such as Lawnwood Regional Medical Center & Heart Institute and Tradition Medical Center as well as employers such as Indian River State College and AAR Aircraft Services Incorporated, making St. Lucie an ideal place to live for those seeking employment opportunities with some of the largest companies in the county.
St. Lucie County has an unemployment rate of 5.3%. The US average is 6.0%.
St. Lucie County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for St. Lucie County
- The Sales Tax Rate for St. Lucie County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for St. Lucie 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 St. Lucie County
- The average income of a St. Lucie County resident is $23,422 a year. The US average is $28,555 a year.
- The Median household income of a St. Lucie County resident is $59,807 a year. The US average is $69,021 a year.