Davenport, FL Economy


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Davenport, FL is a great city for young professionals looking to escape the hustle and bustle of larger cities. The monthly rent for a two bedroom apartment in Davenport is $1,460, which is only $30 more than the US average. Additionally, the grocery cost index in Davenport is 104 versus 100 in the US making it an affordable place to live. There are many things to do in Davenport such as camping at Lake Kissimmee State Park or visiting one of the many local restaurants like Beef O'Brady's or Fish Bones Restaurant & Oyster Bar. Shopping centers like Posner Park and Highway 27 Shopping Center offer plenty of retail opportunities. For outdoor recreation, residents can enjoy water sports or fishing on Lake Tohopekaliga or golfing at Southern Dunes Golf & Country Club. With so much to do and see, Davenport makes a great place to call home!

Davenport has an unemployment rate of 5.6%. The US average is 6.0%.

Davenport has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.

Tax Rates for Davenport
- The Sales Tax Rate for Davenport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Davenport 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 Davenport
- The average income of a Davenport resident is $17,605 a year. The US average is $28,555 a year.
- The Median household income of a Davenport resident is $56,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDavenport, FloridaUnited States
  5.66
  -2.2%-6.2%
  43.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $23,691$37,638
  $56,345$69,021
  $62,627$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.9%6.8%
  4.9%10.0%
  2.0%2.5%
  11.4%11.0%
  10.1%4.8%
  0.0%0.8%
  0.9%1.9%
  6.2%4.7%
  3.5%1.9%
  2.7%7.6%
  0.0%0.1%
  14.1%4.2%
  5.1%9.3%
  6.7%14.0%
  18.5%2.1%
  6.5%7.0%
  5.7%4.8%
  0.7%4.7%
Reviews for Davenport
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Over 11 years ago

I will be relocating within the next six months, and have been looking at this  More

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Over 14 years ago

Hi We are planning to buy an house in this city.Somebody told us that water was expensive (water meters on each house).Could you please tell us what is the cost of  More

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