Satellite Beach, FL Economy


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Satellite Beach, FL is a great place to live. With a two bedroom rent of $1,650 compared to the US average of $1,430, it has an attractive price point. Additionally, when compared to the national grocery cost index (100) Satellite Beach's index is at 104 which reflects that the cost of living in this area is slightly higher than the US average. It is also near many attractions and notable companies such as the Kennedy Space Center, Port Canaveral and Embraer Phenom. There are also a variety of outdoor activities in Satellite Beach like sailing, fishing and surfing that make it an ideal location for those who love spending time outdoors.

Satellite Beach has an unemployment rate of 4.5%. The US average is 6.0%.

Satellite Beach has seen the job market increase by 1.9% 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 Satellite Beach
- The Sales Tax Rate for Satellite Beach is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Satellite 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 Satellite Beach
- The average income of a Satellite Beach resident is $33,492 a year. The US average is $28,555 a year.
- The Median household income of a Satellite Beach resident is $92,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySatellite Beach, FloridaUnited States
  4.56
  -4.2%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $45,646$37,638
  $92,750$69,021
  $107,525$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  2.8%6.8%
  14.0%10.0%
  2.2%2.5%
  9.3%11.0%
  1.1%4.8%
  0.9%0.8%
  1.0%1.9%
  5.1%4.7%
  1.7%1.9%
  14.8%7.6%
  0.1%0.1%
  2.8%4.2%
  9.7%9.3%
  16.6%14.0%
  2.4%2.1%
  4.9%7.0%
  4.2%4.8%
  5.9%4.7%
Reviews for Satellite Beach
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Over 4 years ago

We have lived in Satellite Beach for 10 years right on the ocean. It is a beautiful place. Nice ocean and waves. Beaches are clean and uncrowded.  More

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