Mount Carmel, FL is an ideal city for those looking for a relaxed lifestyle with access to essential amenities. The two bedroom rent in Mount Carmel is $1,090 which is significantly lower than the national average of $1,430. The grocery cost index in Mount Carmel is 96 compared to 100 in the US - indicating a below-average cost of living. Local companies in Mount Carmel include Big Lake Produce, Adkisson Farms, and Kymison Farms. All offer quality fresh produce and goods to the community. When compared with other cities in Florida and beyond for cost of living, Mount Caramel offers excellent value for money.
Mount Carmel has an unemployment rate of 4.0%. The US average is 6.0%.
Mount Carmel 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 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Mount Carmel
- The Sales Tax Rate for Mount Carmel is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Carmel 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 Mount Carmel
- The average income of a Mount Carmel resident is $26,505 a year. The US average is $28,555 a year.
- The Median household income of a Mount Carmel resident is $148,750 a year. The US average is $69,021 a year.