Beverly Hills, FL is a vibrant and charming city located in Citrus County. With an estimated population of 7,000 people, this small city offers plenty of delightful experiences for its residents. The two bedroom rent in Beverly Hills is $980 which is more affordable than the US average of $1,430. Grocery cost index in Beverly Hills is 102 compared to 100 in the US making it an ideal place for those on a tight budget. Beverly Hills is home to many local businesses such as Bella Floral Design, LLC and Citrus Pools and Spas, giving residents plenty of shopping options. Residents also enjoy several amenities such as numerous picnic areas scattered throughout the town, a historic theater with classic movies playing weekly, and beautiful hiking trails at nearby Lover’s Leap State Park.
Beverly Hills has an unemployment rate of 6.4%. The US average is 6.0%.
Beverly Hills has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Beverly Hills
- The Sales Tax Rate for Beverly Hills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beverly Hills 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 Beverly Hills
- The average income of a Beverly Hills resident is $23,930 a year. The US average is $37,638 a year.
- The Median household income of a Beverly Hills resident is $37,728 a year. The US average is $69,021 a year.