Lake Placid, FL is a small town located in central Florida with a population of around 2,000 people. It is home to many local businesses and attractions that will appeal to all visitors. Some of the local companies include Palmdale Farms, Lake Placid Veterinary Clinic and Lake Placid Auto Parts. There are also plenty of outdoor activities to enjoy such as camping in Highlands Hammock State Park or fishing on Lake June-in-Winter Scrub Natural Park. Other popular attractions include the Sebring International Raceway, Sebring Historical Society Museum and The Jack Brown Golf Tournament. With affordable housing options like a two-bedroom rental for $970 compared to the US average of $1,430, grocery cost index at 103 versus 100 in the US, and lots of things to do around town there's no reason not to visit Lake Placid!
Lake Placid has an unemployment rate of 6.2%. The US average is 6.0%.
Lake Placid has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Lake Placid
- The Sales Tax Rate for Lake Placid is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lake Placid 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 Lake Placid
- The average income of a Lake Placid resident is $17,971 a year. The US average is $28,555 a year.
- The Median household income of a Lake Placid resident is $41,610 a year. The US average is $69,021 a year.