Alafaya, FL Economy


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Alafaya, FL is a vibrant city with plenty to do. Rent for a two bedroom apartment is higher than the US average at $1,940 compared to $1,430. Grocery costs are also higher in Alafaya with a grocery cost index of 103 versus 100 for the US. The city has many great local companies and activities such as the Oviedo Mall and Alafaya Square Shopping Center which offer many restaurants, movie theaters, and various stores. Nature lovers can spend their days at Central Florida Zoo or Kelly Park where they can view exotic animals and enjoy outdoor activities. With its rich cultural offerings and diverse recreational activities, Alafaya is sure to please all ages!

Alafaya has an unemployment rate of 5.5%. The US average is 6.0%.

Alafaya 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 Alafaya
- The Sales Tax Rate for Alafaya is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Alafaya 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 Alafaya
- The average income of a Alafaya resident is $26,856 a year. The US average is $28,555 a year.
- The Median household income of a Alafaya resident is $85,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlafaya, FloridaUnited States
  5.56
  -10.5%-6.2%
  50.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $33,866$37,638
  $85,056$69,021
  $99,193$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  4.9%6.8%
  5.4%10.0%
  2.0%2.5%
  7.5%11.0%
  4.7%4.8%
  1.4%0.8%
  1.6%1.9%
  4.1%4.7%
  2.3%1.9%
  10.1%7.6%
  0.1%0.1%
  5.8%4.2%
  9.9%9.3%
  13.6%14.0%
  4.3%2.1%
  9.7%7.0%
  7.0%4.8%
  5.3%4.7%
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As the population in and around University of Central Florida, the second largest university in the nation, increases; Orlando is not looking anymore as an upcoming  More

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