South Bradenton, FL Economy


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South Bradenton, FL is a great place to reside with plenty of attractions and companies for locals to enjoy. This city offers an array of affordable housing options with the average 2 bedroom rent being $1,370 compared to the US average of $1,430. Popular local companies that call South Bradenton home include Manatee County Public Library System, The Bank of America and The Florida Polytechnic University. Additionally, there are many interesting attractions such as Jungle Gardens Sarasota, DeSoto Super Speedway and Big Cat Habitat & Gulf Coast Sanctuary that locals can explore. Groceries in South Bradenton can also be more affordable than many parts of the country with a grocery cost index rating 103 compared to the US rate of 100.

South Bradenton has an unemployment rate of 4.4%. The US average is 6.0%.

South Bradenton 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 45.1%, which is higher than the US average of 33.5%.

Tax Rates for South Bradenton
- The Sales Tax Rate for South Bradenton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Bradenton 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 South Bradenton
- The average income of a South Bradenton resident is $18,864 a year. The US average is $28,555 a year.
- The Median household income of a South Bradenton resident is $41,069 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Bradenton, FloridaUnited States
  4.46
  -5.8%-6.2%
  45.1%33.5%
  7.0%6.2%
  0.0%4.6%
  $24,560$37,638
  $41,069$69,021
  $47,330$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  9.3%6.8%
  15.4%10.0%
  2.4%2.5%
  13.7%11.0%
  4.4%4.8%
  0.6%0.8%
  0.9%1.9%
  2.9%4.7%
  1.0%1.9%
  2.6%7.6%
  0.0%0.1%
  6.1%4.2%
  5.2%9.3%
  11.8%14.0%
  1.9%2.1%
  12.4%7.0%
  6.4%4.8%
  2.8%4.7%
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