Vineyards, FL is a small suburban city located on Florida's west coast. It is known for its lush vineyard and wineries, making it a popular destination for those looking to experience the culture of this city. The cost of living in Vineyards is relatively high, with an average two-bedroom rent of $2,080 compared to the US average of $1,430. Similarly, the local Grocery Cost Index stands at 110 versus the US rate of 100. This indicates that the cost of groceries in Vineyards is higher than the national average.
The local economy of Vineyards is driven by several corporations and businesses located around the city. These include Lamborghini Tampa Bay and Regal Cinemas 8 among others. Additionally, many people rely on tourism to make a living as well as work in service industries such as hospitality and retail.
Vineyards has an unemployment rate of 4.0%. The US average is 6.0%.
Vineyards has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Vineyards
- The Sales Tax Rate for Vineyards is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vineyards 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 Vineyards
- The average income of a Vineyards resident is $57,511 a year. The US average is $28,555 a year.
- The Median household income of a Vineyards resident is $108,750 a year. The US average is $69,021 a year.