Jupiter Island, FL is an affluent and exclusive community located in Martin County. It is well known for its luxury homes, private beaches, and seclusion. The local economy is based on tourism and real estate due to the area's popularity for vacationing destinations. Local companies include Jupiter Island Real Estate LLC, a full-service real estate and property management firm; Jupiter Island Art & Design Studio, a custom art design studio; and Jupiter Island Golf Club, a premier golf club open to members only. Rent for a two bedroom residence in the area runs around $1,320 per month while typical grocery costs are about 7 percent higher than average when compared to the rest of the United States. All in all, living in Jupiter Island is luxurious but expensive as the cost of living is higher than average.
Jupiter Island has an unemployment rate of 4.1%. The US average is 6.0%.
Jupiter Island has seen the job market decrease by -4.4% 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 Jupiter Island
- The Sales Tax Rate for Jupiter Island is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jupiter Island 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 Jupiter Island
- The average income of a Jupiter Island resident is $177,054 a year. The US average is $37,638 a year.
- The Median household income of a Jupiter Island resident is $149,583 a year. The US average is $69,021 a year.