Island Walk, FL is a great place to live for many reasons. It offers a cost of living that's lower than the US average, with two bedroom rent coming in at $2,080 versus the national average of $1,430. The Grocery Cost Index is also higher than the US, coming in at 110 versus 100 in the US. This means that groceries are generally more expensive in Island Walk than elsewhere. The city also has some great local businesses that make living there even better, such as Island Walk Pizza & Subs, Island Walk Produce & Seafood Market, and Island Walk Auto Repair. All of these economic factors make Island Walk an attractive option for those looking for an affordable place to live.
Island Walk has an unemployment rate of 4.0%. The US average is 6.0%.
Island Walk has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Island Walk
- The Sales Tax Rate for Island Walk is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Island Walk 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 Island Walk
- The average income of a Island Walk resident is $33,150 a year. The US average is $37,638 a year.
- The Median household income of a Island Walk resident is $70,022 a year. The US average is $69,021 a year.