Largo, FL Economy


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Largo, FL is a vibrant city located in Pinellas County with many local businesses and attractions. Local companies include Largo Medical Center, the Pinellas Suncoast Transit Authority, and The Largo Cultural Center. Popular attractions in Largo are the Florida Botanical Gardens, The Armed Forces History Museum, and Eagle Lake Park.
The cost of living in Largo is higher than the US average; for example, 2 bedroom rent in Largo is $1,660 compared to $1,430 nationally. Additionally, the grocery cost index in Largo is 104 versus 100 in the US. Despite this increase in cost of living expenses, Largo still remains an attractive option for its many businesses and attractions.

Largo has an unemployment rate of 4.7%. The US average is 6.0%.

Largo has seen the job market increase by 2.3% 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 Largo
- The Sales Tax Rate for Largo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Largo 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 Largo
- The average income of a Largo resident is $26,635 a year. The US average is $28,555 a year.
- The Median household income of a Largo resident is $50,948 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLargo, FloridaUnited States
  4.76
  -4.3%-6.2%
  43.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $30,912$37,638
  $50,948$69,021
  $64,647$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  6.5%6.8%
  7.1%10.0%
  2.9%2.5%
  12.7%11.0%
  4.1%4.8%
  0.6%0.8%
  1.5%1.9%
  4.8%4.7%
  3.6%1.9%
  7.4%7.6%
  0.1%0.1%
  6.2%4.2%
  7.3%9.3%
  16.4%14.0%
  1.7%2.1%
  7.8%7.0%
  4.7%4.8%
  3.5%4.7%
Reviews for Largo
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Over 6 years ago

Before moving here a few years ago we vacationed here at some of the top rated beaches in the world. In addition to NO SNOW, we now enjoy no state income taxes,  More

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Over 7 years ago

This is been my home for 29 years I love the swaying palm trees, the saltwater air seabreeze, the boats, the beaches, The FISHING is Great, Huge 300yr old oak trees  More

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Over 10 years ago

Very oppressive from May to Oct. Lovely area but hard to enjoy a large part of year.  More

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