Daytona Beach Shores, FL Economy


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Daytona Beach Shores, FL is a great place to live for those looking for a coastal lifestyle. The beachfront town offers plenty of local amenities including shops, restaurants, and leisure activities. Rent for a two-bedroom here in Daytona Beach Shores costs about $1,250 which is significantly lower than the national average of $1,430. The grocery cost index in Daytona Beach Shores is also comparable to the US at 100. Popular local businesses include Betron Group who provide a range of professional services such as legal advice, accounting and architecture services. Another popular business is Coastal Designs Furniture & Flooring offering quality furniture and flooring solutions at competitive prices. With its low cost of living, relaxed atmosphere and easy access to beaches and leisure activities, Daytona Beach Shores makes an attractive option for prospective residents.

Daytona Beach Shores has an unemployment rate of 5.1%. The US average is 6.0%.

Daytona Beach Shores has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.

Tax Rates for Daytona Beach Shores
- The Sales Tax Rate for Daytona Beach Shores is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Daytona Beach Shores 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 Daytona Beach Shores
- The average income of a Daytona Beach Shores resident is $34,767 a year. The US average is $28,555 a year.
- The Median household income of a Daytona Beach Shores resident is $52,699 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDaytona Beach Shores, FloridaUnited States
  5.16
  -5.8%-6.2%
  42.9%33.5%
  6.5%6.2%
  0.0%4.6%
  $48,364$37,638
  $52,699$69,021
  $80,519$85,028
  Population by Occupation
  0.6%1.2%
  0.5%0.5%
  6.4%6.8%
  4.5%10.0%
  11.5%2.5%
  4.5%11.0%
  2.3%4.8%
  0.0%0.8%
  0.6%1.9%
  4.9%4.7%
  2.2%1.9%
  12.6%7.6%
  0.0%0.1%
  2.4%4.2%
  15.3%9.3%
  14.2%14.0%
  1.1%2.1%
  7.5%7.0%
  5.6%4.8%
  3.6%4.7%
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