Mount Dora, FL is a desirable area to live due to its affordability and amenities. Two bedroom rent in Mount Dora is $1,350 which is lower than the US average rent of $1,430. Grocery Cost Index in Mount Dora is also lower than the US at 101 versus 100. There are a variety of local companies and amenities available in the area including Mount Dora Plaza Hotel, Country Club of Mount Dora, and Cresswind at Lakewood Ranch which offer entertainment and recreational opportunities for residents. Additionally, Mount Dora has excellent shopping options such as Peddler’s Village Mall and Renninger’s Antique Center. The city also offers great outdoor activities such as lakeside strolls along Lake Dora or canoeing down Rock Springs Run State Reserve. Residents can also enjoy fishing off the banks or visit nearby state parks for hiking trails, swimming holes, and much more!
Mount Dora has an unemployment rate of 5.3%. The US average is 6.0%.
Mount Dora 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 Mount Dora
- The Sales Tax Rate for Mount Dora is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Dora 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 Dora
- The average income of a Mount Dora resident is $29,341 a year. The US average is $28,555 a year.
- The Median household income of a Mount Dora resident is $60,500 a year. The US average is $69,021 a year.