Ridge Wood Heights, FL Economy


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Ridge Wood Heights, FL is a great place to live with an average two bedroom rent at $1,580 compared to the US' average of $1,430. The cost of living is higher than the national average, with a grocery cost index of 105 versus 100 in the US. There are several local companies such as Hillsborough County Real Estate and The Palmetto Group that provide services for residents. Overall, Ridge Wood Heights provides ample opportunities for residents and visitors alike with its affordable housing prices and thriving economy.

Ridge Wood Heights has an unemployment rate of 4.5%. The US average is 6.0%.

Ridge Wood Heights has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Ridge Wood Heights
- The Sales Tax Rate for Ridge Wood Heights is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ridge Wood Heights 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 Ridge Wood Heights
- The average income of a Ridge Wood Heights resident is $26,414 a year. The US average is $28,555 a year.
- The Median household income of a Ridge Wood Heights resident is $60,486 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidge Wood Heights, FloridaUnited States
  4.56
  -6.0%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $35,888$37,638
  $60,486$69,021
  $66,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.4%6.8%
  3.0%10.0%
  1.5%2.5%
  9.6%11.0%
  2.8%4.8%
  0.0%0.8%
  0.6%1.9%
  3.5%4.7%
  8.8%1.9%
  9.1%7.6%
  0.6%0.1%
  3.6%4.2%
  6.8%9.3%
  19.3%14.0%
  2.8%2.1%
  11.2%7.0%
  4.5%4.8%
  2.7%4.7%
Health
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