The Villages, FL is a popular retirement community located near Orlando. With its warmer climate and ample amenities, The Villages has become a desirable location for retirees to enjoy their golden years. It is also home to several local businesses such as Brownwood Paddock Square, which offers shopping and dining experiences. Additionally, the city has many activities and events year-round for residents to enjoy. \nRegarding the cost of living in The Villages, FL it is slightly higher compared to the rest of the US. For example, rent for two-bedroom apartments is on average $1,530 compared to $1,430 in other parts of the country; similarly, grocery costs index in The Villages is 102 versus 100 in other areas of the US. Despite these slight increases in costs, many people feel that The Villages offers an affordable lifestyle with numerous benefits that make it worth it.
The Villages has an unemployment rate of 6.6%. The US average is 6.0%.
The Villages has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for The Villages
- The Sales Tax Rate for The Villages is 7.0%. The US average is 7.3%.
- The Income Tax Rate for The Villages 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 The Villages
- The average income of a The Villages resident is $37,608 a year. The US average is $28,555 a year.
- The Median household income of a The Villages resident is $67,239 a year. The US average is $69,021 a year.