Deerfield Beach, FL is a popular city located in South Florida. The city offers many amenities such as beautiful beaches and parks, great restaurants, lively shopping centers, and entertainment venues. There are several successful local businesses in the area including Deerfield Beach Waterfront Park & Marina and Gator's Cafe & Saloon. Additionally, living costs in Deerfield Beach are slightly higher than the US average; rent for a two-bedroom apartment can be up to $1,890 per month whereas the US average is $1,430 for a similar unit. Grocery Cost Index in Deerfield Beach is also 104 versus 100 in the US. All these factors make Deerfield Beach an attractive destination for those looking for a vibrant lifestyle.
Deerfield Beach has an unemployment rate of 5.3%. The US average is 6.0%.
Deerfield Beach has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Deerfield Beach
- The Sales Tax Rate for Deerfield Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Deerfield 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 Deerfield Beach
- The average income of a Deerfield Beach resident is $23,743 a year. The US average is $28,555 a year.
- The Median household income of a Deerfield Beach resident is $49,650 a year. The US average is $69,021 a year.