Egypt Lake-Leto, FL is a vibrant area with a lot to offer its residents. The cost of renting a two bedroom apartment in the area is slightly higher than the national average, at $1,630 per month; however, the grocery cost index is also higher compared to the national average at 104 versus 100. This could be attributed to the numerous businesses and activities available for residents in Egypt Lake-Leto. For instance, there are several attractions such as Lowry Park Zoo and Adventure Island that provide family fun activities. There are also local companies such as TECO Energy and Riverside Financial that provide job opportunities for locals. All of these factors make Egypt Lake-Leto an attractive place to live for many people.
Egypt Lake-Leto has an unemployment rate of 4.6%. The US average is 6.0%.
Egypt Lake-Leto 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 Egypt Lake-Leto
- The Sales Tax Rate for Egypt Lake-Leto is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Egypt Lake-Leto 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 Egypt Lake-Leto
- The average income of a Egypt Lake-Leto resident is $18,794 a year. The US average is $28,555 a year.
- The Median household income of a Egypt Lake-Leto resident is $48,240 a year. The US average is $69,021 a year.