Lake Belvedere Estates, FL Economy


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Lake Belvedere Estates, FL is an excellent choice for those looking to relocate to a new city. It is a vibrant community with a variety of attractions, businesses, and amenities available to residents. Companies like Publix, Walmart, and Home Depot have stores in the area for convenient shopping. There are also plenty of recreational activities such as fishing, kayaking, hiking trails, and parks for outdoor enthusiasts. The cost of living in Lake Belvedere Estates is slightly higher than the national average; however the two-bedroom rental costs are still much lower than the US average at $2,100 compared to $1,430 nationwide. The grocery cost index in Lake Belvedere Estates is 106 versus 100 in the US so groceries will cost more here than elsewhere. All things considered, it is an affordable city with lots to offer its residents.

Lake Belvedere Estates has an unemployment rate of 4.7%. The US average is 6.0%.

Lake Belvedere Estates has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Lake Belvedere Estates
- The Sales Tax Rate for Lake Belvedere Estates is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Belvedere Estates 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 Lake Belvedere Estates
- The average income of a Lake Belvedere Estates resident is $19,253 a year. The US average is $28,555 a year.
- The Median household income of a Lake Belvedere Estates resident is $64,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Belvedere Estates, FloridaUnited States
  4.76
  -6.6%-6.2%
  39.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $20,771$37,638
  $64,583$69,021
  $76,354$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.9%6.8%
  9.3%10.0%
  0.0%2.5%
  15.6%11.0%
  1.1%4.8%
  0.0%0.8%
  0.0%1.9%
  8.7%4.7%
  0.0%1.9%
  3.7%7.6%
  0.0%0.1%
  4.2%4.2%
  6.2%9.3%
  25.2%14.0%
  0.2%2.1%
  1.7%7.0%
  6.1%4.8%
  9.0%4.7%
Health
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