Stock Island, Florida is a great place to live for those looking for a quieter lifestyle. The two bedroom rent in Stock Island is $3,860 which is higher than the US average of $1,430. The grocery cost index in Stock Island is 115 versus 100 in the US representing an increase in the cost of food items. Although there may be a higher cost of living, there are many local businesses that help to keep prices lower. Some of these businesses include Keys Fisheries Market and Marina, Truman Waterfront Park, and Faro Blanco Resort & Yacht Club. All together this provides an inviting atmosphere with plenty of activities for all ages and incomes. Despite the higher costs associated with living on Stock Island, it still remains an ideal location due to its peaceful environment and vibrant culture.
Stock Island has an unemployment rate of 3.3%. The US average is 6.0%.
Stock Island has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.
Tax Rates for Stock Island
- The Sales Tax Rate for Stock Island is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Stock Island 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 Stock Island
- The average income of a Stock Island resident is $17,781 a year. The US average is $28,555 a year.
- The Median household income of a Stock Island resident is $55,483 a year. The US average is $69,021 a year.