Coconut Creek, FL Economy


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Coconut Creek, FL is a great place to live and work with many exciting opportunities for its residents. This city offers beautiful natural scenery, parks, and trails for outdoor activities as well as a large selection of restaurants, bars, shopping centers, and entertainment venues. With an affordable two-bedroom average rent of $2,010 compared to the US average of $1,430, Coconut Creek is a cost effective option when searching for rental housing. Moreover, the grocery cost index in Coconut Creek is 106 versus 100 in the US making it even more attractive for those looking for lower food costs.
Local businesses include the Seminole Casino Coconut Creek which provides a variety of gambling options and entertainment shows; Bergeron Land Development which specializes in professional land management services; Devcon Security Solutions which offers security systems including alarm monitoring; The Trade Desk which helps brands purchase digital advertising; and Ecolab Inc., a global leader in water treatment solutions and cleaning products. These are just some of the companies located in Coconut Creek that provide employment opportunities to its citizens.

Coconut Creek has an unemployment rate of 4.2%. The US average is 6.0%.

Coconut Creek 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 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Coconut Creek
- The Sales Tax Rate for Coconut Creek is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coconut Creek 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 Coconut Creek
- The average income of a Coconut Creek resident is $28,217 a year. The US average is $28,555 a year.
- The Median household income of a Coconut Creek resident is $68,024 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoconut Creek, FloridaUnited States
  4.26
  -7.7%-6.2%
  38.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $41,391$37,638
  $68,024$69,021
  $85,215$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  7.8%6.8%
  4.7%10.0%
  2.9%2.5%
  13.6%11.0%
  4.5%4.8%
  0.8%0.8%
  1.6%1.9%
  6.5%4.7%
  1.5%1.9%
  8.5%7.6%
  0.1%0.1%
  7.7%4.2%
  6.8%9.3%
  12.5%14.0%
  3.8%2.1%
  5.9%7.0%
  6.9%4.8%
  4.0%4.7%
Reviews for Coconut Creek
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Over 8 years ago

Lived in this and very nearby area since 1974 so I'm very familiar with the area. The roads and buildings have increased greatly. Lots of diversity ... people from all  More

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Over 17 years ago

Love Florida, but unfortunately it has become too expensive for us to live here. Violent crime seems to be increasing  More

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Home Insurance & Real Estate Taxes are still rising, while home & condo prices are still  More

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