Sugarmill Woods, FL is a vibrant community in the heart of Citrus County. Its close proximity to local beaches and attractions make it an ideal location for families and retirees alike. With a two bedroom rent of $1,100, it is more affordable than the US median of $1,430. Additionally, grocery cost index in Sugarmill Woods is 104 versus 100 nationally. Local companies here include Sugarmill Woods Country Club & Golf Course, Sweetwater Homes Inc., and Bo Lamb's Custom Cabinetry. The area also boasts numerous restaurants along with shopping options that cater to each individual's needs.
Sugarmill Woods has an unemployment rate of 6.4%. The US average is 6.0%.
Sugarmill Woods has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Sugarmill Woods
- The Sales Tax Rate for Sugarmill Woods is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sugarmill Woods 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 Sugarmill Woods
- The average income of a Sugarmill Woods resident is $24,157 a year. The US average is $28,555 a year.
- The Median household income of a Sugarmill Woods resident is $54,265 a year. The US average is $69,021 a year.