Kendall, FL Economy


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Kendall, FL is an affluent neighborhood in South Florida that offers its residents a high quality of life. The median rent for two bedroom apartments is $2,180 while the national average is $1,430 indicating that Kendall is more expensive to live in than other areas. Prices at local grocery stores are also higher as the Grocery Cost Index in Kendall is 109 compared to 100 in the US. In addition to high rental costs and grocery prices, locals must also consider the cost of goods and services from local businesses when calculating their cost of living. Popular companies such as Walmart, Publix Supermarkets, and Winn-Dixie all have locations within Kendall which help to keep prices competitive. Public transportation options are also available including Metrobus and Metrorail which offer discounted fares and allow for easy access throughout Miami-Dade County. In conclusion, Kendall's high cost of living paired with its convenient shopping options makes it an ideal place to call home.

Kendall has an unemployment rate of 8.2%. The US average is 6.0%.

Kendall has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Kendall
- The Sales Tax Rate for Kendall is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kendall 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 Kendall
- The average income of a Kendall resident is $34,286 a year. The US average is $28,555 a year.
- The Median household income of a Kendall resident is $78,868 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKendall, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $42,648$37,638
  $78,868$69,021
  $91,710$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.8%6.8%
  3.3%10.0%
  3.6%2.5%
  9.6%11.0%
  5.4%4.8%
  0.5%0.8%
  1.4%1.9%
  7.6%4.7%
  3.1%1.9%
  12.3%7.6%
  0.1%0.1%
  4.4%4.2%
  10.9%9.3%
  14.1%14.0%
  2.5%2.1%
  6.0%7.0%
  5.5%4.8%
  3.7%4.7%
Reviews for Kendall
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I've been here 40 years, worst place to live in  More

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Over 16 years ago

What makes Miami wonderful and unique from any other city in this country is its incredible blend of cultures and attitudes. There's really no other city that has such a  More

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Over 17 years ago

Generally very nice weather with the exception on a hurricane every once in a  More

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