Port LaBelle, FL Economy


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Port LaBelle, FL is an ideal place for anyone looking to enjoy the country life. This small town is located in Hendry County and its population size is quite small. Despite its size, Port LaBelle provides a low cost of living with an average 2-bedroom rent coming in at only $820 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 102, which is higher than the national average of 100. Although Port LaBelle may be a small community, it offers plenty of entertainment activities including fishing, kayaking, and camping at nearby Caloosahatchee River Park. There are also several popular local businesses like Big Lake Foods and LaBelle Depot Museum that showcase the history of this great town.

Port LaBelle has an unemployment rate of 5.2%. The US average is 6.0%.

Port LaBelle has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Port LaBelle
- The Sales Tax Rate for Port LaBelle is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Port LaBelle 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 Port LaBelle
- The average income of a Port LaBelle resident is $24,640 a year. The US average is $37,638 a year.
- The Median household income of a Port LaBelle resident is $36,129 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort LaBelle, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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