Zip 32162 (The Villages, FL) Economy


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The Villages, FL 32162 is an attractive location for those looking for a two bedroom apartment. The rent here is slightly higher than the US average at $1,630. Additionally, groceries are more expensive with a grocery cost index of 102 compared to the US average of 100. For residents in The Villages there are many local companies to work with such as Brown & Brown Insurance and Integra Title Insurance Group who offer insurance services and Oracle Realty Group that helps citizens buy or sell homes in the area. Other businesses such as Ocala Utility Services provide essential utilities to residents and visitors alike. There are also many recreational activities available such as golfing at the nearby country club or shopping in one of the quaint boutiques downtown.

The Villages (zip 32162) has an unemployment rate of 6.6%. The US average is 6.0%.

The Villages (zip 32162) 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 (zip 32162)
- The Sales Tax Rate for The Villages (zip 32162) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for The Villages (zip 32162) 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 (zip 32162)
- The average income of a The Villages (zip 32162) resident is $38,736 a year. The US average is $28,555 a year.
- The Median household income of a The Villages (zip 32162) resident is $66,366 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThe Villages, FloridaUnited States
  6.66
  -4.3%-6.2%
  42.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $46,829$37,638
  $66,366$69,021
  $77,642$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.6%6.8%
  3.4%10.0%
  1.5%2.5%
  14.1%11.0%
  2.9%4.8%
  0.0%0.8%
  4.2%1.9%
  5.4%4.7%
  2.7%1.9%
  10.0%7.6%
  0.0%0.1%
  3.0%4.2%
  7.7%9.3%
  12.4%14.0%
  16.7%2.1%
  2.5%7.0%
  6.5%4.8%
  0.5%4.7%
Health