Ormond-by-the-Sea, FL Economy


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Ormond-by-the-Sea, FL is a coastal town located in Volusia County along Florida’s East Coast. It is a great destination for beach lovers with its pristine white beaches and crystal blue waters. The rental market in Ormond-by-the-Sea is quite affordable when compared to other areas in the US, with 2 Bedroom rents costing an average of $1,460. Furthermore, the Grocery Cost Index in Ormond-by-the-Sea stands at 102, which is slightly higher than the national average of 100. Some local companies include Oceanside Cleaners, AJ's Plumbing Solutions, and Sunsetters Beach Rentals & Supplies. All in all, living costs are quite reasonable in Ormond by the Sea and it remains an attractive location for those looking to live near the coast on a budget.

Ormond-by-the-Sea has an unemployment rate of 5.1%. The US average is 6.0%.

Ormond-by-the-Sea 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 Ormond-by-the-Sea
- The Sales Tax Rate for Ormond-by-the-Sea is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ormond-by-the-Sea 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 Ormond-by-the-Sea
- The average income of a Ormond-by-the-Sea resident is $29,359 a year. The US average is $28,555 a year.
- The Median household income of a Ormond-by-the-Sea resident is $53,328 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrmond-by-the-Sea, FloridaUnited States
  5.16
  -5.8%-6.2%
  42.9%33.5%
  6.5%6.2%
  0.0%4.6%
  $64,357$37,638
  $53,328$69,021
  $70,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.8%6.8%
  8.4%10.0%
  1.2%2.5%
  13.9%11.0%
  1.1%4.8%
  0.2%0.8%
  2.0%1.9%
  5.1%4.7%
  3.8%1.9%
  6.0%7.6%
  0.7%0.1%
  3.7%4.2%
  10.4%9.3%
  17.8%14.0%
  2.9%2.1%
  9.3%7.0%
  5.4%4.8%
  4.3%4.7%
Reviews for Ormond-by-the-Sea
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Over 14 years ago

For a vibrant 44 yr. old single woman coming here fr. Manhattan 8 yrs. ago, I am still in culture shock. This is a vacation/retirement community. Jobs are slim to none,  More

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