Charlotte Harbor, FL Economy


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Charlotte Harbor, FL is a vibrant coastal city located in Southwest Florida. It is home to numerous businesses and organizations that provide a variety of services to the community. Popular local companies include Charlotte Harbor Shipping, Inc., Charlotte Harbor Yacht Club, and Port Charlotte Marina. Residents of Charlotte Harbor enjoy a lower cost of living compared to the rest of the United States. According to recent data, rent for two-bedroom apartments in the area averages about $1,100 per month, while the average rate for similar apartments nationwide is $1,430. Additionally, grocery costs in Charlotte Harbor are 4% higher than the national index at 104 versus 100 respectively. These factors make Charlotte Harbor an attractive location for anyone looking to save money while still enjoying all that this beautiful city has to offer.

Charlotte Harbor has an unemployment rate of 5.0%. The US average is 6.0%.

Charlotte Harbor has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.

Tax Rates for Charlotte Harbor
- The Sales Tax Rate for Charlotte Harbor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Charlotte Harbor 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 Charlotte Harbor
- The average income of a Charlotte Harbor resident is $24,224 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte Harbor resident is $43,013 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte Harbor, FloridaUnited States
  56
  -4.6%-6.2%
  38.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $27,785$37,638
  $43,013$69,021
  $57,344$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.6%6.8%
  4.0%10.0%
  0.0%2.5%
  16.7%11.0%
  5.3%4.8%
  0.0%0.8%
  0.7%1.9%
  3.1%4.7%
  9.2%1.9%
  3.5%7.6%
  0.0%0.1%
  3.9%4.2%
  5.3%9.3%
  14.2%14.0%
  0.0%2.1%
  3.7%7.0%
  12.4%4.8%
  7.4%4.7%
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