Oak Hill, Florida is a small town located in Volusia County with an estimated population of approximately 4,000 people. It is a scenic area known for its vast oak trees, lakeside fishing spots, and beautiful sunsets over the Halifax River. Oak Hill has plenty of restaurants, entertainment venues, and shopping opportunities to enjoy. In terms of real estate prices, 2 Bedroom Rent in Oak Hill is around $1,130 per month which is lower than the US average rent at $1,430. Additionally, grocery costs are also lower with an index of 99 compared to 100 from the US national average. This makes living in Oak Hill an attractive option for those looking for the small-town atmosphere with reasonable costs. Notable local companies include J&M Auto Body and Service Center providing auto repair services since 1989; Flamingos Convenience store offering freshly-made food items; and Dredge Harbor Marina offering boat storage and dockage facility. All things considered Oak Hill provides excellent amenities and quality of life while remaining affordable for residents.
Oak Hill has an unemployment rate of 5.1%. The US average is 6.0%.
Oak Hill has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Oak Hill
- The Sales Tax Rate for Oak Hill is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oak Hill 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 Oak Hill
- The average income of a Oak Hill resident is $22,614 a year. The US average is $28,555 a year.
- The Median household income of a Oak Hill resident is $65,720 a year. The US average is $69,021 a year.