Bay Hill, FL is a beautiful beach town located just outside of Orlando. It is known for its Mediterranean climate and stunning views. It is a great place to live with some of the best schools in the country. The average 2 bedroom rent rate in Bay Hill, FL is $1,850 while the US average 2 bedroom rent rate is $1,430. Additionally, grocery cost index in Bay Hill, FL is 105 versus 100 in the US. This makes it an affordable option for families and professionals alike. There are many companies located nearby such as Florida Hospital, Universal Studios, Lockheed Martin and Siemens USA. The population of Bay Hill stands at about 711 people making it a perfect place for those looking for a small-town feel with plenty of amenities close by.
Bay Hill has an unemployment rate of 5.5%. The US average is 6.0%.
Bay Hill 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 Bay Hill
- The Sales Tax Rate for Bay Hill is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bay Hill 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 Bay Hill
- The average income of a Bay Hill resident is $51,479 a year. The US average is $28,555 a year.
- The Median household income of a Bay Hill resident is $106,216 a year. The US average is $69,021 a year.