Port Richey, FL Economy


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Port Richey, FL is a diverse city located in Pasco County. It has a wide variety of businesses, including restaurants, retail stores, entertainment venues, and health centers. The cost of living in Port Richey is lower than the US average, which means that rent for two-bedroom apartments is typically $1,470 compared to the nationwide average of $1,430. Additionally, grocery costs are slightly higher than the US but still affordable at 101 on the Grocery Cost Index versus 100. The quality of life in Port Richey is excellent as there are many local companies such as WOW! Internet Cable Phone and Regal Cinemas creating job opportunities for its residents. There are also plenty of parks and recreational areas with activities for all ages. All this makes living in Port Richey an attractive option for anyone looking for a vibrant community with plenty to offer.

Port Richey has an unemployment rate of 5.0%. The US average is 6.0%.

Port Richey has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 44.3%, which is higher than the US average of 33.5%.

Tax Rates for Port Richey
- The Sales Tax Rate for Port Richey is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Port Richey 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 Port Richey
- The average income of a Port Richey resident is $27,802 a year. The US average is $28,555 a year.
- The Median household income of a Port Richey resident is $44,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Richey, FloridaUnited States
  56
  -4.4%-6.2%
  44.3%33.5%
  7.0%6.2%
  0.0%4.6%
  $36,765$37,638
  $44,792$69,021
  $62,768$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  18.5%6.8%
  5.2%10.0%
  6.2%2.5%
  14.7%11.0%
  6.7%4.8%
  3.1%0.8%
  1.0%1.9%
  6.3%4.7%
  0.8%1.9%
  4.9%7.6%
  0.0%0.1%
  2.9%4.2%
  4.4%9.3%
  6.3%14.0%
  5.4%2.1%
  11.0%7.0%
  1.0%4.8%
  1.5%4.7%
Reviews for Port Richey
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Over 9 years ago

It's Florida, so yeah, it's hot. Way too hot. Why is this place populated? Keep an extra pair of clothes in your car because by the time you get there from your front  More

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Port Richey is only 2.7 square miles, so the majority of us who have a Port Richey address don't actually live in PR. I have been hear over a year now and still don't  More

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Over 14 years ago

The area has become very run down in the last few years. Many properties are empty, house prices falling. Crime and drugs are on the rise. Not the best of places to  More

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