Timber Pines, FL is a small suburb located north of Tampa. The population size is relatively small with approximately 8,000 residents in the city. Despite its small size, Timber Pines offers affordable living options with average rent costs for a 2-bedroom apartment being $1,380 per month compared to the US average of $1,430 per month. It also boasts lower food costs with a Grocery Cost Index score of 103 versus 100 in the US. Local businesses and companies include Family Pharmacy of Timber Pines, Donatello's Italian Restaurant & Pizzeria and Bambi's Boutique. Overall Timber Pines offers an affordable cost of living compared to the rest of the US while providing access to local amenities for residents.
Timber Pines has an unemployment rate of 5.8%. The US average is 6.0%.
Timber Pines 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 Timber Pines
- The Sales Tax Rate for Timber Pines is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Timber Pines 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 Timber Pines
- The average income of a Timber Pines resident is $33,137 a year. The US average is $28,555 a year.
- The Median household income of a Timber Pines resident is $48,357 a year. The US average is $69,021 a year.