Englewood, FL Economy


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Englewood, FL is a city located in Sarasota County on the West Coast of Florida. It has an average 2 bedroom rent of $1,290, which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Englewood is 105 versus 100 in the US. These figures make it more attractive to potential renters and those looking for more affordable living options. Companies such as real estate brokers and developers could use this information to promote their business as well as attract potential customers who may be interested in relocating or investing in Englewood. Restaurants and grocery stores could also benefit from this data by highlighting their lower prices compared to other areas. This could help them draw more customers to their businesses from more expensive areas nearby or further away.

Englewood has an unemployment rate of 4.5%. The US average is 6.0%.

Englewood has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Englewood
- The Sales Tax Rate for Englewood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Englewood 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 Englewood
- The average income of a Englewood resident is $28,975 a year. The US average is $28,555 a year.
- The Median household income of a Englewood resident is $55,788 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEnglewood, FloridaUnited States
  4.56
  -6.0%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $38,787$37,638
  $55,788$69,021
  $67,134$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  4.6%10.0%
  1.2%2.5%
  19.4%11.0%
  2.2%4.8%
  1.2%0.8%
  2.2%1.9%
  4.1%4.7%
  6.2%1.9%
  7.2%7.6%
  0.0%0.1%
  7.9%4.2%
  4.9%9.3%
  8.6%14.0%
  3.7%2.1%
  5.9%7.0%
  8.2%4.8%
  4.1%4.7%
Reviews for Englewood
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A sleepy town in which they are currently revamping infrastructure. Close to some of the most beautiful beaches in Florida within 10-30 min drive(Englewood, Stump Pass,  More

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A sleepy town in which they are currently revamping infrastructure. Close to some of the most beautiful beaches in Florida within 10-30 min drive(Englewood, Stump Pass,  More

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Over 7 years ago

Small beach town, clean, safe, great fishing, eateries.   More

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