Fort Lauderdale, Florida 

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Economy in Fort Lauderdale, Florida

Fort Lauderdale's economy is largely based on its healthcare sector with multiple hospitals and health-focused companies having been established within the area thus providing excellent job opportunities for locals; also efforts being made towards expanding traditional processes coupled with generous tax breaks granted by local governments offering incentives towards investing in renewable energy technologies has served as additional benefits over time. In addition, subsidies offered by local governments incentivizing innovation have been beneficial for continued prosperity over time.

Fort Lauderdale has an unemployment rate of 6.1%. The US average is 6.0%.

Fort Lauderdale 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 37.9%, which is higher than the US average of 33.5%.

Tax Rates for Fort Lauderdale
- The Sales Tax Rate for Fort Lauderdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Lauderdale 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 Fort Lauderdale
- The average income of a Fort Lauderdale resident is $36,405 a year. The US average is $28,555 a year.
- The Median household income of a Fort Lauderdale resident is $48,898 a year. The US average is $53,482 a year.


  ECONOMYFort Lauderdale, FloridaUnited States
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Fort Lauderdale    64 Reviews
    Here's how to win/live the South Florida life - 3/30/2019
    Fort Lauderdale and South Florida are eclectic, which makes for a tough adjustment if you're from a homogenous area. The secret is to find the location of all the things... Read More

    Start Your Review of Fort Lauderdale

    A Diverse city with good and bad points - 10/28/2016
    Like any city, Fort Lauderdale has it's good points and it's bad. On the good side you can't beat the weather here, especially October to June. No snow and no winter... Read More

    Do NOT move here! - 7/1/2015
    My husband I are are from Illinois and Indiana. We moved here five years ago and we still HATE it! In the Midwest people are friendly and care about others. I can't... Read More

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