Astor, FL Economy


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Astor, FL is a small city located in Lake County along the St. Johns River. It is known for its peaceful environment and rural landscape with plenty of outdoor activities to enjoy. The city has many local companies that contribute to its economy such as Stone Creek Grille, Fiddle Dee Dee Cafe, and the Astor Marina Complex. The cost of living in Astor is slightly higher than other parts of the nation, with 2 bedroom rent at $1,470 compared to the US average of $1,430 and a Grocery Cost Index of 99 versus 100 in the US. However, this higher cost comes with more amenities such as outdoor recreation and beautiful scenery along with excellent restaurants and businesses.

Astor has an unemployment rate of 5.3%. The US average is 6.0%.

Astor 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 51.2%, which is higher than the US average of 33.5%.

Tax Rates for Astor
- The Sales Tax Rate for Astor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Astor 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 Astor
- The average income of a Astor resident is $16,714 a year. The US average is $28,555 a year.
- The Median household income of a Astor resident is $50,547 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAstor, FloridaUnited States
  5.36
  -10.2%-6.2%
  51.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $43,859$37,638
  $50,547$69,021
  $69,461$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  25.2%6.8%
  3.8%10.0%
  4.6%2.5%
  2.1%11.0%
  5.5%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  1.7%1.9%
  1.9%7.6%
  0.0%0.1%
  7.1%4.2%
  0.0%9.3%
  15.1%14.0%
  6.7%2.1%
  18.1%7.0%
  4.2%4.8%
  1.9%4.7%
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