Lauderhill, FL Economy


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Lauderhill, FL is a great place to live with plenty of local amenities. The cost of two bedroom rent in Lauderhill is $1,630 which is higher than the national average of $1,430 but living expenses are relatively low thanks to the grocery cost index being 101 versus 100 in the US. In terms of local businesses, some popular ones include Golden Corral, TGI Fridays, and Maracas Latin Cuisine. Lauderhill also has plenty of shopping options such as Walmart, Target and Ross Dress for Less. All things considered, Lauderhill has an affordable cost of living compared to other cities in Florida.

Lauderhill has an unemployment rate of 8.1%. The US average is 6.0%.

Lauderhill has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Lauderhill
- The Sales Tax Rate for Lauderhill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lauderhill 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 Lauderhill
- The average income of a Lauderhill resident is $17,940 a year. The US average is $28,555 a year.
- The Median household income of a Lauderhill resident is $44,634 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLauderhill, FloridaUnited States
  8.16
  -7.7%-6.2%
  37.1%33.5%
  7.0%6.2%
  0.0%4.6%
  $22,723$37,638
  $44,634$69,021
  $56,156$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.7%6.8%
  3.6%10.0%
  2.1%2.5%
  11.8%11.0%
  7.4%4.8%
  0.7%0.8%
  2.9%1.9%
  4.1%4.7%
  1.5%1.9%
  3.2%7.6%
  0.3%0.1%
  7.9%4.2%
  7.0%9.3%
  21.8%14.0%
  0.8%2.1%
  10.4%7.0%
  4.2%4.8%
  3.7%4.7%
Health
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