Doctor Phillips, FL Economy


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Doctor Phillips, FL is a bustling community located near Orlando. It offers a range of amenities from restaurants and stores to parks and trails. The cost of living in Doctor Phillips is higher than in most parts of the US with an average 2 Bedroom rent of $1,860 compared to $1430 nationally. Grocery cost index in Doctor Phillips is 106 versus 100 in the US, making it slightly more expensive to purchase groceries here. Major companies that are based in Doctor Phillips include Darden Restaurants, Inc., Tupperware Brands Corporation, and Morgan & Morgan Attorneys at Law. Residents also enjoy easy access to nearby attractions such as SeaWorld Orlando and Universal Studios Florida.

Doctor Phillips has an unemployment rate of 5.5%. The US average is 6.0%.

Doctor Phillips 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 Doctor Phillips
- The Sales Tax Rate for Doctor Phillips is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Doctor Phillips 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 Doctor Phillips
- The average income of a Doctor Phillips resident is $42,028 a year. The US average is $28,555 a year.
- The Median household income of a Doctor Phillips resident is $94,909 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDoctor Phillips, FloridaUnited States
  5.56
  -10.5%-6.2%
  50.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $56,434$37,638
  $94,909$69,021
  $102,232$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  6.9%10.0%
  2.6%2.5%
  7.2%11.0%
  6.2%4.8%
  0.3%0.8%
  1.8%1.9%
  3.2%4.7%
  3.2%1.9%
  6.7%7.6%
  0.0%0.1%
  1.7%4.2%
  5.3%9.3%
  13.9%14.0%
  17.1%2.1%
  13.0%7.0%
  4.5%4.8%
  1.1%4.7%
Reviews for Doctor Phillips
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Over 18 years ago

Cost of housing in Doctor Phillips is very  More

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Over 18 years ago

This is simply the best place I've ever lived! Best schools. Best neighbors. No crime. And the coolest shops in town. Easy access to the freeway and all of Orlando.  More

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