El Portal, FL Economy


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El Portal, FL is a great place to live with its affordable rent and reasonable cost of living. At $1,560, 2 bedroom rent in El Portal is much cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in El Portal is 109 compared to 100 in the US making groceries and other essentials more accessible. There are many local establishments throughout El Portal such as The Coffee House Restaurant, First Presbyterian Church of Miami Shores, and K&K Lawn Maintenance & Pressure Cleaning Services that give the town its unique character. Residents of El Portal can enjoy living in a vibrant community with plenty of amenities available right outside their doorsteps.

El Portal has an unemployment rate of 8.2%. The US average is 6.0%.

El Portal has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for El Portal
- The Sales Tax Rate for El Portal is 7.0%. The US average is 7.3%.
- The Income Tax Rate for El Portal 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 El Portal
- The average income of a El Portal resident is $27,395 a year. The US average is $28,555 a year.
- The Median household income of a El Portal resident is $94,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEl Portal, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $45,853$37,638
  $94,821$69,021
  $100,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.7%6.8%
  1.3%10.0%
  1.3%2.5%
  27.4%11.0%
  3.5%4.8%
  0.4%0.8%
  2.1%1.9%
  4.5%4.7%
  2.3%1.9%
  10.2%7.6%
  2.2%0.1%
  1.2%4.2%
  8.8%9.3%
  8.3%14.0%
  1.3%2.1%
  11.1%7.0%
  8.3%4.8%
  2.1%4.7%
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