Fern Park, FL is a small city located in Seminole County with an estimated population of approximately 5,000 people. It is known for its affordable housing with the median 2 bedroom rent being $1,640 per month. However, the cost of groceries can be slightly higher than the US average at 101 versus 100. Despite its small size, there are many well-known businesses located in Fern Park including The Home Depot, McDonald's, and Dunkin' Donuts. Additionally, local landmarks include Little Wekiva River Nature Park and the Floridan Hotel.
Fern Park has an unemployment rate of 4.7%. The US average is 6.0%.
Fern Park has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 48.5%, which is higher than the US average of 33.5%.
Tax Rates for Fern Park
- The Sales Tax Rate for Fern Park is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fern Park 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 Fern Park
- The average income of a Fern Park resident is $28,595 a year. The US average is $28,555 a year.
- The Median household income of a Fern Park resident is $56,327 a year. The US average is $69,021 a year.