Clearwater, FL Economy


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Clearwater, FL is an attractive destination for many due to its beautiful beaches and lively atmosphere. With a 2 bedroom rent of $1,730 compared to the US average of $1,430, it is more expensive than most other places in the country. However, with its Grocery Cost Index of 105 versus 100 in the US, Clearwater offers good value for its residents. The city has plenty of attractions like Clearwater Marine Aquarium where visitors can interact with dolphins and their rescued sea turtles. Additionally, there are numerous large companies such as Home Shopping Network, Raymond James Financial and Jabil Circuit that have headquarters here. There are also plenty of outdoor activities like fishing on pier 60 or visit any one of the 24 city parks for a picnic or exploring miles of trails.

Clearwater has an unemployment rate of 4.6%. The US average is 6.0%.

Clearwater 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 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Clearwater
- The Sales Tax Rate for Clearwater is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clearwater 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 Clearwater
- The average income of a Clearwater resident is $28,500 a year. The US average is $28,555 a year.
- The Median household income of a Clearwater resident is $54,182 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClearwater, FloridaUnited States
  4.66
  -4.3%-6.2%
  41.1%33.5%
  7.0%6.2%
  0.0%4.6%
  $36,259$37,638
  $54,182$69,021
  $74,003$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.1%6.8%
  5.9%10.0%
  2.7%2.5%
  12.8%11.0%
  4.1%4.8%
  0.7%0.8%
  1.7%1.9%
  7.2%4.7%
  3.5%1.9%
  8.3%7.6%
  0.1%0.1%
  5.2%4.2%
  6.1%9.3%
  14.7%14.0%
  2.5%2.1%
  9.8%7.0%
  5.7%4.8%
  3.7%4.7%
Reviews for Clearwater
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Over 3 years ago

Lived here all my life and it is still an amazing place to call home. Rural is long gone, but there are plentiful places to get away from the glitz and glamour that  More

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Just moved here 2 months ago. My utility bill was $160. Water usage was only $31 but the charge for sewer based on the water usage was $42. I was also charged $17.85  More

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I've resided in Clearwater for 30 odd years (no pun intended). It does have it's good and bad. We are an attractive city wrapped around an amazing piece of waterfront.  More

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