Naranja, FL Economy


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Naranja, FL is an ideal city for those looking for a balance of affordability and accessibility. With the average two bedroom rent at $1,820 per month – that’s almost 400 dollars more than the national rate – it’s still considered relatively affordable, especially considering its proximity to larger cities such as Miami. Grocery costs in Naranja are also relatively affordable, with a grocery cost index of 106 versus 100 in the US. Local businesses abound in Naranja; some popular establishments include the Naranja National Bank, K&W Motorsports, and The Biscayne Boulevard Church. All in all, Naranja has a great cost of living and plenty of local business to enjoy!

Naranja has an unemployment rate of 8.2%. The US average is 6.0%.

Naranja has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Naranja
- The Sales Tax Rate for Naranja is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Naranja 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 Naranja
- The average income of a Naranja resident is $11,216 a year. The US average is $28,555 a year.
- The Median household income of a Naranja resident is $46,743 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNaranja, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $16,308$37,638
  $46,743$69,021
  $36,924$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  10.1%6.8%
  4.6%10.0%
  0.9%2.5%
  12.0%11.0%
  6.8%4.8%
  0.9%0.8%
  3.6%1.9%
  4.0%4.7%
  2.4%1.9%
  4.1%7.6%
  0.0%0.1%
  13.1%4.2%
  6.0%9.3%
  14.0%14.0%
  0.6%2.1%
  7.7%7.0%
  2.8%4.8%
  4.1%4.7%
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