Tangelo Park, FL is a small town located in the outskirts of Orlando, with a population of about 7,000. It is known for its proximity to the attractions in Orlando and its affordable cost of living compared to other cities in Florida. The average two bedroom rent in Tangelo Park is $1,780 compared to the US average of $1,430. Not only that, but grocery costs in Tangelo Park are 104 on the Grocery Cost Index versus 100 for the US. Local businesses such as The Rock Store and Huong Bistro give locals access to delicious local food and many shopping opportunities. Transportation options include busses run by Lynx and drive-share services like Uber and Lyft for those looking for an easy way to get around town without having to use their own car.
Tangelo Park has an unemployment rate of 5.5%. The US average is 6.0%.
Tangelo Park has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.
Tax Rates for Tangelo Park
- The Sales Tax Rate for Tangelo Park is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Tangelo Park 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 Tangelo Park
- The average income of a Tangelo Park resident is $15,729 a year. The US average is $37,638 a year.
- The Median household income of a Tangelo Park resident is $51,733 a year. The US average is $69,021 a year.