Zip 32824 (Meadow Woods, FL) Economy


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32824 Meadow Woods, FL is a thriving neighborhood in the Orlando area. This neighborhood is home to a variety of local businesses such as Meadow Woods Auto Repair, The Groove Dance Studio, and Warmer Wonders Antiques & Collectibles. The 2 bedroom rent in this area is around $1,900 per month which is significantly higher than the national average of $1,430. Additionally, groceries in 32824 Meadow Woods cost an index of 102 versus the national average of 100 meaning that goods are slightly more expensive here than they are on average. All in all, 32824 Meadow Woods offers a perfect blend of local businesses and cost of living making it a great place to live and work.

Meadow Woods (zip 32824) has an unemployment rate of 5.5%. The US average is 6.0%.

Meadow Woods (zip 32824) has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for Meadow Woods (zip 32824)
- The Sales Tax Rate for Meadow Woods (zip 32824) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Meadow Woods (zip 32824) 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 Meadow Woods (zip 32824)
- The average income of a Meadow Woods (zip 32824) resident is $18,297 a year. The US average is $28,555 a year.
- The Median household income of a Meadow Woods (zip 32824) resident is $68,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeadow Woods, FloridaUnited States
  5.56
  -10.5%-6.2%
  50.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $25,672$37,638
  $68,083$69,021
  $69,126$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.2%6.8%
  5.3%10.0%
  5.1%2.5%
  13.5%11.0%
  6.6%4.8%
  0.4%0.8%
  1.4%1.9%
  5.6%4.7%
  3.9%1.9%
  5.6%7.6%
  0.3%0.1%
  6.6%4.2%
  4.7%9.3%
  10.6%14.0%
  7.0%2.1%
  12.5%7.0%
  5.4%4.8%
  1.8%4.7%
Health