Coral Springs, FL is a vibrant city located in the heart of South Florida. It offers a wide range of amenities and activities for residents to enjoy. One of the most attractive aspects of living there is that the two bedroom rental rate is only $1,990 which is significantly lower than the US average rate of $1,430. Additionally, shopping is more affordable in Coral Springs than other areas as reflected in its Grocery Cost Index (GLCI) which stands at 108 compared to 100 nationally.
In terms of local attractions, Coral Springs boasts many renowned sites including The Coral Springs Center for the Arts which features plays and concerts, Sawgrass Nature Center & Wildlife Hospital which allows visitors to learn about local wildlife and conservation efforts, and Ramblewood Park which includes a pool and splash pad. Business wise, notable companies such as Motorola Solutions Inc., American Express Corporation, G4S Secure Solutions USA Inc., Alorica Inc., and MDT Software Solutions Inc. have offices here.
Coral Springs has an unemployment rate of 4.5%. The US average is 6.0%.
Coral Springs has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Coral Springs
- The Sales Tax Rate for Coral Springs is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coral 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 Coral Springs
- The average income of a Coral Springs resident is $36,190 a year. The US average is $37,638 a year.
- The Median household income of a Coral Springs resident is $81,944 a year. The US average is $69,021 a year.