Gulf Stream, FL is a coastal town located in Palm Beach County. It offers both residents and visitors a wealth of cultural activities, natural beauty, and outdoor recreation. The average two bedroom rent in Gulf Stream is $2,440 compared to the national average of $1,430. Additionally, groceries cost more in Gulf Stream with an index of 113 versus the U.S. at 100.
The city features plenty of local companies including Stuart Plumbing, Inc., Allied Marine Service and Palm Beach Yacht Interiors for all your service needs. Golf lovers have numerous options with nearby courses such as Trump International Golf Club and Old Marsh Golf Club while nature enthusiasts can explore Jonathan Dickinson State Park or dive into the coral reef at Loggerhead Marinelife Center. To top things off, guests can take a leisurely stroll down Worth Avenue for shopping or visit Mizner Park to enjoy upscale restaurants and unique boutiques.
Gulf Stream has an unemployment rate of 4.7%. The US average is 6.0%.
Gulf Stream has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Gulf Stream
- The Sales Tax Rate for Gulf Stream is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gulf Stream 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 Gulf Stream
- The average income of a Gulf Stream resident is $141,676 a year. The US average is $28,555 a year.
- The Median household income of a Gulf Stream resident is $250,001 a year. The US average is $69,021 a year.