Orchid, FL is a vibrant city located near the coast of Florida. This city has many great job opportunities from local businesses such as Publix Supermarkets, Walmart, and Target. Additionally, there are plenty of attractions to explore like the beaches around Orchid where you can swim and surf. There are also great outdoor activities that can be enjoyed such as hiking along nature trails or spending time at the local parks. The cost of living in Orchid is slightly higher than the US average, with rent for a two-bedroom home costing about $1,850 per month compared to $1,430 nationally. Grocery costs in this area are also higher than the US with an index of 114 versus 100 nationally.
Orchid has an unemployment rate of 5.2%. The US average is 6.0%.
Orchid has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Orchid
- The Sales Tax Rate for Orchid is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Orchid 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 Orchid
- The average income of a Orchid resident is $172,588 a year. The US average is $28,555 a year.
- The Median household income of a Orchid resident is $146,700 a year. The US average is $69,021 a year.