Forest City, FL is a small town located south of Orlando with a population of about 500 people. Despite its small size, Forest City has a lot to offer its citizens. The cost of living in Forest City is relatively low compared to other parts of Florida. The average two bedroom rent is $1,550 as opposed to the national average of $1,430. Additionally, the grocery cost index in Forest City is 100 versus 100 in the US; this indicates that food prices are almost on par with the national average.
The town also has great job opportunities at local companies like B&B Custom Lawn Care and J&K Landscaping Services for those looking for employment. There are also plenty of outdoor activities such as fishing and kayaking at nearby lakes and rivers for entertainment. All in all, Forest City offers a great quality of life at an affordable price tag for those looking for a peaceful place to call home.
Forest City has an unemployment rate of 4.7%. The US average is 6.0%.
Forest City 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 Forest City
- The Sales Tax Rate for Forest City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Forest City 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 Forest City
- The average income of a Forest City resident is $25,959 a year. The US average is $28,555 a year.
- The Median household income of a Forest City resident is $71,719 a year. The US average is $69,021 a year.