Economy in Estero, Florida

Estero, FL is a beautiful and vibrant city located in the state of Florida. It is close to beaches, restaurants, and entertainment, making it a great place to call home. Rent for two-bedroom apartments in Estero is $1,960 compared to the national average of $1,430. Additionally, the grocery cost index in Estero is 107 compared to 100 nationally. This makes living here more expensive than other areas but worth it for those who decide to make it their home. Many businesses are based in Estero including The Hertz Corporation, Lee Health System, Florida Gulf Coast University and Chico's FAS. All these companies have benefited from the resources available in Estero and become integral parts of its economy.

Estero has an unemployment rate of 4.6%. The US average is 6.0%.

Estero 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 41.6%, which is higher than the US average of 33.5%.

Tax Rates for Estero
- The Sales Tax Rate for Estero is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Estero 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 Estero
- The average income of a Estero resident is $45,697 a year. The US average is $28,555 a year.
- The Median household income of a Estero resident is $94,095 a year. The US average is $69,021 a year.