Ormond Beach, FL Economy


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Ormond Beach, FL is a great place to live. Located on the Atlantic Coast between Daytona Beach and Flagler Beach, Ormond Beach provides access to beautiful beaches, a variety of outdoor activities, and plenty of local businesses. 2 bedroom rent in Ormond Beach is around $1,360 per month which is slightly less than the US average of $1,430. The Grocery Cost Index in Ormond Beach is 102 versus 100 in the US. Some local businesses in Ormond Beach include restaurants like Bonefish Grill and Breakers Oceanfront Park; shops like Aardvark Antiques Mall; entertainment venues like Daytona Lagoon Waterpark & Laser Tag; and professional services such as Edward Jones Financial Advisors and Seaside Bank & Trust. There are plenty of amenities in Ormond Beach including an aquatic center, parks, mini-golf courses, fishing piers, golf courses, boat rentals and more. Prices for these amenities vary depending on what you’re looking for but overall it’s an affordable place to live with many things to do!

Ormond Beach has an unemployment rate of 4.2%. The US average is 6.0%.

Ormond Beach 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 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Ormond Beach
- The Sales Tax Rate for Ormond Beach is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ormond Beach 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 Beach
- The average income of a Ormond Beach resident is $31,821 a year. The US average is $28,555 a year.
- The Median household income of a Ormond Beach resident is $60,229 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrmond Beach, FloridaUnited States
  4.26
  -5.8%-6.2%
  44.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $38,281$37,638
  $60,229$69,021
  $78,087$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.9%6.8%
  4.6%10.0%
  1.7%2.5%
  10.9%11.0%
  2.9%4.8%
  0.4%0.8%
  2.0%1.9%
  4.7%4.7%
  5.5%1.9%
  6.4%7.6%
  0.3%0.1%
  6.1%4.2%
  8.9%9.3%
  17.1%14.0%
  2.3%2.1%
  11.8%7.0%
  4.3%4.8%
  3.8%4.7%
Reviews for Ormond Beach
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We have lived in the area for over 8 years. I love the political views of most people and how RED our state is. Having a governor and people with the same views,  More

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The state that is affordable for retirees is NOT affordable for people that work. Poor wages for professionals. Biggest employer in central FL is Disney and pays very  More

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I love it here it is very quiet and peaceful. The beaches are beautiful and pretty private and not crowded most of the time! There are some beautiful parks here as well.  More

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