Crystal River, FL Economy


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Crystal River, FL is a growing city located in Citrus County on the west coast of Florida. The cost of living is lower than the US average, with an average 2 bedroom rent of $970 compared to $1,430 nationally. Additionally, the grocery cost index in Crystal River is 103 compared to 100 in the US. This makes it a great place for those looking for affordable living or to retire. The city's economy revolves around tourism and outdoor activities as it offers year-round fishing and kayaking. Local companies include West Marine, Coastal Watersports & Marine LLC, and Crystal River Scallop Adventures. Other local amenities include shopping areas such as Crystal River Mall, restaurants offering a variety of international cuisines from Italian to Mexican fare and plenty of parks for outdoor recreation.

Crystal River has an unemployment rate of 6.4%. The US average is 6.0%.

Crystal River has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Crystal River
- The Sales Tax Rate for Crystal River is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crystal River 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 Crystal River
- The average income of a Crystal River resident is $21,233 a year. The US average is $28,555 a year.
- The Median household income of a Crystal River resident is $31,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrystal River, FloridaUnited States
  6.46
  -5.3%-6.2%
  29.0%33.5%
  6.0%6.2%
  0.0%4.6%
  $28,806$37,638
  $31,938$69,021
  $48,322$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  3.9%6.8%
  0.0%10.0%
  0.0%2.5%
  9.9%11.0%
  2.5%4.8%
  1.0%0.8%
  0.0%1.9%
  4.3%4.7%
  3.0%1.9%
  22.8%7.6%
  0.0%0.1%
  6.8%4.2%
  4.7%9.3%
  4.4%14.0%
  8.3%2.1%
  8.8%7.0%
  16.9%4.8%
  0.0%4.7%
Reviews for Crystal River
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I really wish we'd moved elsewhere. Crystal River is great for outdoorsy retirees but we're having a really hard time finding satisfactory educational quality for our  More

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Over 17 years ago

what an amazing place they call this area the nature coast of florida and it doen't dissappoint. if you enjoy anything outdoors this area has it to  More

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