Pine Lakes, FL is an excellent place to live. It has a strong economy and plenty of opportunities for growth. The cost of living in Pine Lakes is quite low compared to other areas; 2 bedroom rent is $1,330, which is $100 lower than the US average of $1,430. Additionally, the grocery cost index in Pine Lakes is 103 versus 100 in the US. In terms of industry, Pine Lakes has several different types of businesses. Notable companies include CVS Pharmacy, Walgreens Pharmacy, Walmart Supercenter, and Sweetwater Groves. These stores provide essential goods and services needed by locals. There are also local restaurants such as Crabby Joe's Seafood Grill and Bar and Gecko's Tap & Tavern that offer delicious local cuisine for people to enjoy.
Pine Lakes has an unemployment rate of 5.3%. The US average is 6.0%.
Pine Lakes has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 51.2%, which is higher than the US average of 33.5%.
Tax Rates for Pine Lakes
- The Sales Tax Rate for Pine Lakes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pine Lakes 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 Pine Lakes
- The average income of a Pine Lakes resident is $13,875 a year. The US average is $28,555 a year.
- The Median household income of a Pine Lakes resident is $60,625 a year. The US average is $69,021 a year.