Ocoee, FL is a great place to live due to its lower than average cost of living. The average 2 bedroom rent is $1,730 compared to the US average of $1,430. Grocery costs are also relatively low with an index score of 102 versus 100 in the US. Local businesses such as Ocoee City Hall, Ocoee Public Library, and ABC Furniture Store are all popular companies that make it a great place to live. With its low cost of rent and groceries combined with local businesses, Ocoee offers residents a great quality of life at an affordable price.
Ocoee has an unemployment rate of 4.4%. The US average is 6.0%.
Ocoee has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 52.4%, which is higher than the US average of 33.5%.
Tax Rates for Ocoee
- The Sales Tax Rate for Ocoee is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ocoee 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 Ocoee
- The average income of a Ocoee resident is $25,386 a year. The US average is $28,555 a year.
- The Median household income of a Ocoee resident is $83,690 a year. The US average is $69,021 a year.