Ocala, FL Metro Area is a great place to live, with many local companies to work for. Companies in the area include Publix, Walmart, and Home Depot. The cost of living is cheaper than average in Ocala, with 2 bedroom rent at $1130 per month compared to the US average at $1430. It also has a lower Grocery Cost Index at 98 versus 100 in the US. When all of these factors are taken into consideration, Ocala can provide an affordable lifestyle for those looking to move or start a new life.
Ocala Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.
Ocala Metro Area has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Ocala Metro Area
- The Sales Tax Rate for Ocala Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ocala Metro Area 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 Ocala Metro Area
- The average income of a Ocala Metro Area resident is $21,752 a year. The US average is $28,555 a year.
- The Median household income of a Ocala Metro Area resident is $50,808 a year. The US average is $69,021 a year.