Sebastian, FL is a small city located along Florida's east coast near Vero Beach. The city is known for its beautiful beaches and excellent fishing opportunities. Sebastian is home to many local businesses such as Caribbean Clay Art Studio, Indian River Paddling Company, and Sebastian Inlet Marina. Residents enjoy a high quality of life with a lower cost of living than the national average. According to recent data, the 2 Bedroom Rent in Sebastian is $1,410 compared to the US 2 Bedroom Rent of $1,430. Additionally, the Grocery Cost Index in Sebastian is 105 compared to the US index of 100. These figures demonstrate that living in Sebastian is more affordable than other parts of the country making it an attractive place for those looking for lower cost-of-living options.
Sebastian has an unemployment rate of 5.0%. The US average is 6.0%.
Sebastian has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Sebastian
- The Sales Tax Rate for Sebastian is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sebastian 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 Sebastian
- The average income of a Sebastian resident is $23,284 a year. The US average is $28,555 a year.
- The Median household income of a Sebastian resident is $60,966 a year. The US average is $69,021 a year.