Minneola, FL Economy


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Minneola, FL is a vibrant city in central Florida with a population of 13,746 people. It is an ideal place for families who want affordable housing options, as 2 bedroom rent averages $1,860, which is significantly less than the US average of $1,430. It also boasts low grocery costs with an index score of 102 versus 100 in the US. There are plenty of local companies that serve the community, such as Gator Country Air Conditioning and Heating Inc., Ebenezer Home Care Services LLC., and Simon Creative Designs. In terms of what Minneola offers its citizens, there are various parks for outdoor recreation including Lake Hiawatha Preserve which provides hiking trails and a scenic lakefront view. Additionally, it has several shopping centers, restaurants featuring different cuisines, churches and entertainment venues such as movie theaters and bowling alleys. With all these amenities available in one city, Minneola is a great place to live for those seeking affordable options in Florida.

Minneola has an unemployment rate of 5.3%. The US average is 6.0%.

Minneola has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 51.2%, which is higher than the US average of 33.5%.

Tax Rates for Minneola
- The Sales Tax Rate for Minneola is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Minneola 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 Minneola
- The average income of a Minneola resident is $22,514 a year. The US average is $28,555 a year.
- The Median household income of a Minneola resident is $85,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinneola, FloridaUnited States
  5.36
  -10.2%-6.2%
  51.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $28,949$37,638
  $85,536$69,021
  $95,420$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.0%6.8%
  3.4%10.0%
  2.5%2.5%
  8.9%11.0%
  4.5%4.8%
  0.7%0.8%
  0.5%1.9%
  5.2%4.7%
  4.4%1.9%
  5.1%7.6%
  0.0%0.1%
  3.8%4.2%
  6.0%9.3%
  12.8%14.0%
  3.4%2.1%
  13.5%7.0%
  3.5%4.8%
  9.7%4.7%
Reviews for Minneola
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Minneola is one of only a few areas in Florida that has rolling hills and land up to and over 300 feet above sea level. The trees are mostly oak and does not reflect  More

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