Inwood, FL is a great place to live for those seeking an affordable lifestyle. The average 2 bedroom rent for Inwood, FL is $1,050 per month which is much lower than the US average of $1,430 per month. Additionally, the grocery cost index in Inwood is 102 versus 100 in the US. This means that food costs are only slightly higher than the national average. \nInwood offers a variety of local businesses such as The Locker Room Sports Bar & Grill and All About You Hair Salon & Spa. There are also great recreational activities like the Washington Oaks Gardens State Park and Bulow Creek State Park. With its low costs of living and abundance of local amenities, Inwood makes for a great Florida destination both to visit and to live long-term.
Inwood has an unemployment rate of 5.6%. The US average is 6.0%.
Inwood has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Inwood
- The Sales Tax Rate for Inwood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Inwood 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 Inwood
- The average income of a Inwood resident is $14,538 a year. The US average is $28,555 a year.
- The Median household income of a Inwood resident is $31,978 a year. The US average is $69,021 a year.