North River Shores, FL Economy

North River Shores, FL is located in Martin County on the eastern coast of Florida. It is known for its stunning beaches and quaint neighborhoods with a variety of shops and restaurants. The local economy has been booming in recent years due to the influx of business from major companies such as Walmart, Target, Publix, and McDonald's. This has led to an increase in demand for housing in North River Shores along with higher rental costs. The average rent for a two bedroom apartment is around $1,400 which is slightly higher than the national average of $1,430. With many businesses flocking to North River Shores, it has become a desirable area to live making it an expensive option for those looking to rent.

North River Shores has an unemployment rate of 4.1%. The US average is 6.0%.

North River Shores has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.

Tax Rates for North River Shores
- The Sales Tax Rate for North River Shores is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North River Shores 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 North River Shores
- The average income of a North River Shores resident is $36,727 a year. The US average is $28,555 a year.
- The Median household income of a North River Shores resident is $62,016 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	North River Shores, Florida	United States
	4.1	6
	-4.4%	-6.2%
	40.3%	33.5%
	6.5%	6.2%
	0.0%	4.6%
	$47,568	$37,638
	$62,016	$69,021
	$83,929	$85,028
Population by Occupation
	2.8%	1.2%
	0.0%	0.5%
	10.2%	6.8%
	6.3%	10.0%
	1.3%	2.5%
	5.1%	11.0%
	1.8%	4.8%
	3.8%	0.8%
	2.9%	1.9%
	6.9%	4.7%
	3.5%	1.9%
	6.2%	7.6%
	0.0%	0.1%
	2.5%	4.2%
	10.3%	9.3%
	20.6%	14.0%
	1.1%	2.1%
	9.2%	7.0%
	2.3%	4.8%
	3.2%	4.7%