Palm Valley, FL Economy

Palm Valley, FL is a great city to live in. It has a variety of amenities, including two bedroom rent that is substantially higher than the US average at $1,750. Additionally, the grocery cost index is 109 compared to 100 in the US. This makes it an ideal place for those looking for affordable living expenses. The city is home to many big companies such as AutoNation, Wawa, and Baptist Health. These businesses provide jobs to thousands of residents and contribute to the local economy. With its low cost of living and abundance of local opportunities, Palm Valley is an excellent choice for anyone looking for a new place to call home.

Palm Valley has an unemployment rate of 3.6%. The US average is 6.0%.

Palm Valley has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for Palm Valley
- The Sales Tax Rate for Palm Valley is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Palm Valley 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 Palm Valley
- The average income of a Palm Valley resident is $55,985 a year. The US average is $28,555 a year.
- The Median household income of a Palm Valley resident is $109,529 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Palm Valley, Florida	United States
	3.6	6
	-4.0%	-6.2%
	50.1%	33.5%
	6.5%	6.2%
	0.0%	4.6%
	$71,900	$37,638
	$109,529	$69,021
	$140,114	$85,028
Population by Occupation
	0.3%	1.2%
	0.0%	0.5%
	8.3%	6.8%
	7.3%	10.0%
	2.6%	2.5%
	9.7%	11.0%
	2.8%	4.8%
	0.1%	0.8%
	1.0%	1.9%
	11.3%	4.7%
	4.7%	1.9%
	10.9%	7.6%
	0.4%	0.1%
	3.6%	4.2%
	6.6%	9.3%
	14.9%	14.0%
	5.8%	2.1%
	5.4%	7.0%
	2.4%	4.8%
	2.1%	4.7%