The Villages, FL Metro Area is a great place to live. It offers rental rates that are much lower than the US average, making it an affordable option for those wanting to find a place to live. The cost of living in this area is also much lower than the national average due to its Grocery Cost Index of 98 versus 100 in the US. This makes it possible for locals to save more money when shopping for groceries. Additionally, The Villages offers many businesses and services catering to its residents such as restaurants, banks, movie theaters, auto repair shops, clothing stores and more. There are also several well-known companies located in The Villages including Publix supermarket chain, Florida Hospital and The Home Depot. All of these businesses provide quality products and services that make life in The Villages easier and more enjoyable for everyone who lives there.
The Villages Metro Area has an unemployment rate of 6.6%. The US average is 6.0%.
The Villages Metro Area 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 42.9%, which is higher than the US average of 33.5%.
Tax Rates for The Villages Metro Area
- The Sales Tax Rate for The Villages Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for The Villages 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 The Villages Metro Area
- The average income of a The Villages Metro Area resident is $28,875 a year. The US average is $28,555 a year.
- The Median household income of a The Villages Metro Area resident is $63,323 a year. The US average is $69,021 a year.