Highland City, FL Economy


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Highland City, FL is a small town located just outside of Tampa. The average 2 bedroom rent in this area is $1,440 compared to the US average of $1,430. The grocery cost index in Highland City is 105 versus the national index of 100. Notable local companies include Owens Corning, TECO Energy, and Bayer CropScience LP. The city also attracts many tourists for its close proximity to Tampa's attractions and locations such as the Florida Aquarium and Busch Gardens.

Highland City has an unemployment rate of 5.6%. The US average is 6.0%.

Highland City has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.

Tax Rates for Highland City
- The Sales Tax Rate for Highland City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Highland City 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 Highland City
- The average income of a Highland City resident is $26,693 a year. The US average is $28,555 a year.
- The Median household income of a Highland City resident is $72,742 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHighland City, FloridaUnited States
  5.66
  -2.2%-6.2%
  43.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $31,925$37,638
  $72,742$69,021
  $78,750$85,028
  Population by Occupation
  0.4%1.2%
  1.0%0.5%
  9.0%6.8%
  5.7%10.0%
  2.3%2.5%
  20.8%11.0%
  5.0%4.8%
  0.9%0.8%
  0.5%1.9%
  7.1%4.7%
  1.1%1.9%
  4.9%7.6%
  0.0%0.1%
  5.2%4.2%
  9.3%9.3%
  10.2%14.0%
  0.8%2.1%
  8.5%7.0%
  3.1%4.8%
  4.1%4.7%
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