Cheval, FL is a small town located in the Tampa Bay area that is known for its lush parks, vibrant downtown, and friendly local businesses. The cost of living in Cheval is higher than the national average with an average two bedroom rental costing $1,650 compared to $1,430 in the United States. Not surprisingly, grocery cost index is also higher at 108 compared to 100 nationally. Local businesses such as Cheval Burger Joint, Gameday Grille & Sports Bar, and Joy Thai Cuisine are popular choices amongst locals. Despite higher costs of living in Cheval when compared to other cities in the US, it offers great amenities and attractions which make it an attractive destination for people looking for a nice place to live.
Cheval has an unemployment rate of 4.6%. The US average is 6.0%.
Cheval has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Cheval
- The Sales Tax Rate for Cheval is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cheval 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 Cheval
- The average income of a Cheval resident is $33,918 a year. The US average is $28,555 a year.
- The Median household income of a Cheval resident is $74,983 a year. The US average is $69,021 a year.