Spring Lake, FL is a great place to live with an affordable cost of living. Rent for a two bedroom apartment is $1,330, which is less than the national average of $1,430. The grocery cost index in Spring Lake is 103 compared to 100 nationally. Local businesses provide excellent services such as the Spring Lake Veterinary Clinic which provides quality veterinary care, the Ace Hardware store for your home improvement needs and True Blue Solutions providing IT support services. With its beautiful scenery and low cost of living, Spring Lake is a great place to call home.
Spring Lake has an unemployment rate of 5.8%. The US average is 6.0%.
Spring Lake 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 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Spring Lake
- The Sales Tax Rate for Spring Lake is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Spring Lake 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 Spring Lake
- The average income of a Spring Lake resident is $22,961 a year. The US average is $28,555 a year.
- The Median household income of a Spring Lake resident is $67,917 a year. The US average is $69,021 a year.