Cedar Grove, FL is a small town located in Florida that offers an affordable cost of living. The average two bedroom rent in Cedar Grove is $1,230 while the US average two bedroom rent is $1,430. This makes Cedar Grove an ideal place for people looking to save money on rent. Additionally, grocery prices in Cedar Grove are 97 compared to 100 nationally. This means that groceries are slightly cheaper than the national cost index. Local companies such as Zaxby's, Walmart Supercenter, and Publix Super Markets provide quality goods and services to residents of Cedar Grove at competitive prices. Overall, Cedar Grove is a great place to live due to its lower living costs when compared to other towns and cities in the US.
Cedar Grove has an unemployment rate of 4.5%. The US average is 6.0%.
Cedar Grove has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Cedar Grove
- The Sales Tax Rate for Cedar Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Grove 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 Cedar Grove
- The average income of a Cedar Grove resident is $21,138 a year. The US average is $37,638 a year.
- The Median household income of a Cedar Grove resident is $39,650 a year. The US average is $69,021 a year.