Wekiwa Springs, FL Economy


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Wekiwa Springs, FL is a small town located in the Central Florida region. It is home to many local businesses such as Wekiwa Tavern, Turtle Cove Family Campground, and Wekiwa Springs State Park. The cost of living here is slightly higher than the US national average with 2 bedroom rent at $1,900 compared to $1,430 nationally. Grocery costs are also higher in Wekiwa Springs with an index of 105 versus 100 in the US. Despite the higher costs, this is a great place to live because of its convenient location and close proximity to the attractions of Central Florida.

Wekiwa Springs has an unemployment rate of 4.7%. The US average is 6.0%.

Wekiwa Springs has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 48.5%, which is higher than the US average of 33.5%.

Tax Rates for Wekiwa Springs
- The Sales Tax Rate for Wekiwa Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wekiwa Springs 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 Wekiwa Springs
- The average income of a Wekiwa Springs resident is $35,159 a year. The US average is $28,555 a year.
- The Median household income of a Wekiwa Springs resident is $97,156 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWekiwa Springs, FloridaUnited States
  4.76
  -10.4%-6.2%
  48.5%33.5%
  7.0%6.2%
  0.0%4.6%
  $49,570$37,638
  $97,156$69,021
  $105,088$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.5%6.8%
  4.7%10.0%
  3.4%2.5%
  9.0%11.0%
  3.0%4.8%
  0.5%0.8%
  2.8%1.9%
  7.3%4.7%
  3.3%1.9%
  12.2%7.6%
  0.1%0.1%
  6.0%4.2%
  9.7%9.3%
  14.1%14.0%
  4.2%2.1%
  5.6%7.0%
  3.5%4.8%
  5.1%4.7%
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