Hobe Sound, FL is an attractive location for potential renters due to its relatively low two-bedroom rental rate at $1,320 compared to the US average of $1,430. It also offers competitive grocery prices with a Grocery Cost Index of 107 versus the benchmark of 100 in the US. With its convenient location near Jupiter Inlet and Stuart, Hobe Sound offers plenty of local businesses and amenities. Popular stores such as Publix Supermarkets and Walmart provide many essential items for residents at great prices, while local restaurants such as Baci Trattoria & Pizzeria serve delicious Italian food. Along with shopping and dining options, Hobe Sound also provides numerous recreational activities such as fishing, golfing, kayaking, and bird watching to name a few.
Hobe Sound has an unemployment rate of 4.1%. The US average is 6.0%.
Hobe Sound has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Hobe Sound
- The Sales Tax Rate for Hobe Sound is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hobe Sound 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 Hobe Sound
- The average income of a Hobe Sound resident is $29,560 a year. The US average is $28,555 a year.
- The Median household income of a Hobe Sound resident is $56,598 a year. The US average is $69,021 a year.