Florida Ridge, FL is a small town located in Martin County with a modest population of about 6,400 people. It is known for its beautiful beaches and nearby attractions, including Jonathan Dickinson State Park. This small town has plenty to offer due to the low costs of living; rent for a two bedroom apartment is $1,330, compared to the US average of $1,430. The Grocery Cost Index in Florida Ridge is 103 versus the national average of 100, making it quite affordable when it comes to everyday necessities. Local companies include Palmetto Pines Country Club and Indian River Milk Producers, both of which are well-respected businesses in the community.
Florida Ridge has an unemployment rate of 5.2%. The US average is 6.0%.
Florida Ridge has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Florida Ridge
- The Sales Tax Rate for Florida Ridge is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Florida Ridge 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 Florida Ridge
- The average income of a Florida Ridge resident is $23,033 a year. The US average is $28,555 a year.
- The Median household income of a Florida Ridge resident is $56,017 a year. The US average is $69,021 a year.