Fort Meade, FL is a small town located in central Florida. It's known for its sleepy atmosphere and quaint, rural charm. The cost of living in Fort Meade is significantly lower than the national average; rent for a 2 bedroom apartment averages $920 compared to the US average of $1,430, and the grocery cost index is 101 versus 100 in the US. The local economy primarily revolves around agriculture, with a few large agribusinesses like J&S Farms and Oceanside Produce as well as smaller farms dotted along the countryside. There are also a few other companies that do business in the area such as Southside Pest Control and Central Florida Gas.
Fort Meade has an unemployment rate of 5.6%. The US average is 6.0%.
Fort Meade 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 Fort Meade
- The Sales Tax Rate for Fort Meade is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Meade 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 Fort Meade
- The average income of a Fort Meade resident is $17,805 a year. The US average is $28,555 a year.
- The Median household income of a Fort Meade resident is $37,515 a year. The US average is $69,021 a year.