Watertown, FL is an affordable place to live with a 2 bedroom rent of $910 compared to the U.S average of $1,430. Groceries in Watertown are also quite affordable compared to the US as the cost index is 97 versus 100. Local companies in Watertown include Landmark Title Group, Inc., Florida Seamless Gutters, LLC and A D B Construction & Remodeling. They specialize in services such as title insurance services, gutter installation and construction & remodelling respectively. These companies employ many local residents and helps keep the local economy strong throughout Watertown.
Watertown has an unemployment rate of 4.9%. The US average is 6.0%.
Watertown has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Watertown
- The Sales Tax Rate for Watertown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Watertown 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 Watertown
- The average income of a Watertown resident is $17,307 a year. The US average is $28,555 a year.
- The Median household income of a Watertown resident is $34,531 a year. The US average is $69,021 a year.