Oldsmar, FL is a city located in Pinellas County, near Tampa Bay and the Gulf Coast. It is known for its beautiful beaches and coastal lifestyle. The cost of living here is generally higher than average with two bedroom rent costing $1,780 compared to the US average of $1,430. Grocery costs also come in higher at 105 compared to the national index of 100. Local companies have helped the economy grow and include Oldsmar Electric, Countryside Laundry & Dry Cleaning, and JMD Construction Services. In addition to its natural beauty, Oldsmar offers a great quality of life for those looking for a coastal destination with plenty of local amenities.
Oldsmar has an unemployment rate of 4.4%. The US average is 6.0%.
Oldsmar 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 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Oldsmar
- The Sales Tax Rate for Oldsmar is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oldsmar 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 Oldsmar
- The average income of a Oldsmar resident is $26,110 a year. The US average is $28,555 a year.
- The Median household income of a Oldsmar resident is $67,389 a year. The US average is $69,021 a year.