Citrus Springs, FL Economy


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Citrus Springs, FL is an attractive place to settle down due to its affordability and low cost of living. The average rent for a two bedroom is $1,220 compared to the US average of $1,430. The grocery cost index in Citrus Springs is 103 compared to the US index of 100, further illustrating its affordability. Local businesses in Citrus Springs, FL include Cypress Ridge Golf Course which offers a picturesque 18-hole course as well as Pinch A Penny Pool & Patio Superstore which offers pool supplies and equipment for all your summer needs. There are also many restaurants such as Angelino’s Italian Restaurant offering delicious Italian cuisine. With plenty of things to do and affordable living costs, Citrus Springs is the perfect place to call home.

Citrus Springs has an unemployment rate of 6.4%. The US average is 6.0%.

Citrus Springs has seen the job market increase by 1.2% 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 Citrus Springs
- The Sales Tax Rate for Citrus Springs is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Citrus Springs 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 Citrus Springs
- The average income of a Citrus Springs resident is $22,649 a year. The US average is $28,555 a year.
- The Median household income of a Citrus Springs resident is $54,674 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCitrus Springs, FloridaUnited States
  6.46
  -5.3%-6.2%
  29.0%33.5%
  6.0%6.2%
  0.0%4.6%
  $24,232$37,638
  $54,674$69,021
  $62,870$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  6.4%6.8%
  2.3%10.0%
  1.6%2.5%
  11.9%11.0%
  7.1%4.8%
  3.7%0.8%
  3.0%1.9%
  3.5%4.7%
  3.2%1.9%
  4.1%7.6%
  0.0%0.1%
  3.6%4.2%
  5.7%9.3%
  15.5%14.0%
  6.3%2.1%
  10.5%7.0%
  4.7%4.8%
  6.0%4.7%
Reviews for Citrus Springs
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Over 16 years ago

Citrus Springs is a very nice place to raise a family and have access to nature. It's close enough to some major cities Ocala 25 minutes, Tampa 1.5 hours, and Orlando  More

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Over 17 years ago

If you like living away from everything and where there is very little diversity in life but fishing than Citrus Springs is the place for you. The subdivision is huge  More

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Over 17 years ago

To me, Citrus Springs is a wonderful place to live. It is very safe, with very low crime rate. Most crimes reported in Citrus Springs are of the domestic nature or  More

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