Cloud Lake, FL is a desirable location for those looking to make the move. The cost of rent for a two-bedroom apartment in Cloud Lake is $1,730 compared to the US average of $1,430. Additionally, the grocery cost index in this area is 105 versus 100 nationally. This area also boasts local companies such as Cloud Lake Manufacturing and Cloud Lake Services, providing an array of goods and services to the community. With plenty of nearby amenities such as recreation centers, parks, and shopping malls, there is much to be explored in Cloud Lake.
Cloud Lake has an unemployment rate of 4.7%. The US average is 6.0%.
Cloud Lake has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Cloud Lake
- The Sales Tax Rate for Cloud Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cloud Lake 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 Cloud Lake
- The average income of a Cloud Lake resident is $24,207 a year. The US average is $37,638 a year.
- The Median household income of a Cloud Lake resident is $62,216 a year. The US average is $69,021 a year.