Daytona Beach, FL Economy


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Daytona Beach, FL is a popular tourist destination due to it's sandy beaches, incredible views of the Atlantic Ocean, and its many shopping and dining options. The city is also home to some major businesses such as NASCAR, Brown & Brown Insurance Group, ICI Homes and Florida East Coast Industries. Tourists come from all around to experience the amazing attractions such as Daytona Lagoon Waterpark and Adventure Park, the Daytona International Speedway or take a stroll through historic downtown. There are numerous yearly events such as the Halifax Art Festival in February, Bike Week in March and Biketoberfest in October. Daytona Beach provides something for everyone with its unique activities and affordable cost of living making it an ideal city for both visitors and residents alike.

Daytona Beach has an unemployment rate of 7.1%. The US average is 6.0%.

Daytona Beach has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%.

Tax Rates for Daytona Beach
- The Sales Tax Rate for Daytona Beach is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Daytona Beach 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 Daytona Beach
- The average income of a Daytona Beach resident is $26,196 a year. The US average is $37,638 a year.
- The Median household income of a Daytona Beach resident is $42,392 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDaytona Beach, FloridaUnited States
  7.16
  -5.8%-6.2%
  43.3%33.5%
  6.5%6.2%
  0.0%4.6%
  $26,196$37,638
  $42,392$69,021
  $53,481$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.5%6.8%
  4.5%10.0%
  1.9%2.5%
  16.7%11.0%
  5.6%4.8%
  0.7%0.8%
  2.0%1.9%
  2.7%4.7%
  2.3%1.9%
  4.4%7.6%
  0.1%0.1%
  7.0%4.2%
  9.6%9.3%
  13.0%14.0%
  2.8%2.1%
  11.8%7.0%
  5.6%4.8%
  4.3%4.7%
Reviews for Daytona Beach
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It's important to know there are two Daytonas. There's Daytona Beach, which is where, well, the beach is. Then there's Daytona on the mainland side of things. These are  More

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I moved here in April of 2018 and I'm very happy. I live downtown on the Halifax river/Intracoastal Waterway, by the beautiful marina and the Chart House restaurant. I'm  More

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They also built a Tanger Outlet Store with multiple shops. You can find things to do in Daytona Beach. I think the area gets a very bad rap at times due to Bike Week  More

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