Three Oaks, FL Economy


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Three Oaks is a small town in FL that has a population of about 3,000. It offers a low cost of living with two bedroom rents averaging around $1,700 compared to the US average of $1,430. Moreover, groceries usually cost 5% more than what they would cost in the US. The community is home to a few local businesses such as Three Oaks Pharmacy and Three Oaks Family Medical Center. All in all, Three Oaks provides an affordable and safe place to live with plenty of interesting activities to do.

Three Oaks has an unemployment rate of 4.6%. The US average is 6.0%.

Three Oaks 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 41.6%, which is higher than the US average of 33.5%.

Tax Rates for Three Oaks
- The Sales Tax Rate for Three Oaks is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Three Oaks 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 Three Oaks
- The average income of a Three Oaks resident is $30,144 a year. The US average is $28,555 a year.
- The Median household income of a Three Oaks resident is $91,793 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThree Oaks, FloridaUnited States
  4.66
  -5.1%-6.2%
  41.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $40,096$37,638
  $91,793$69,021
  $103,456$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.8%6.8%
  3.2%10.0%
  0.7%2.5%
  10.8%11.0%
  1.2%4.8%
  0.3%0.8%
  0.1%1.9%
  3.4%4.7%
  2.7%1.9%
  8.1%7.6%
  0.6%0.1%
  5.4%4.2%
  10.4%9.3%
  11.6%14.0%
  5.4%2.1%
  16.7%7.0%
  10.5%4.8%
  4.3%4.7%
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