Lake Clarke Shores, FL is a beautiful coastal town located in Palm Beach County. It offers its residents plenty of amenities such as parks, restaurants, shopping centers and easy access to the beach. The rent for a two bedroom apartment in Lake Clarke Shores is about $300 dollars more than the US average rent for a two bedroom apartment. This increase in price is offset by the lower cost of groceries when compared to the nation average (105 versus 100). Local companies include Emory’s Pizza & Pub which has some of the best pizza in South Florida, Zero Café which offers an array of vegan and vegetarian dishes and Farmer’s Table which serves up some classic American dishes. Despite its higher rental costs, Lake Clarke Shores residents enjoy many cost-benefits due to lower grocery prices and an array of restaurants that offer delicious food without breaking the bank.
Lake Clarke Shores has an unemployment rate of 4.7%. The US average is 6.0%.
Lake Clarke Shores has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Lake Clarke Shores
- The Sales Tax Rate for Lake Clarke Shores is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Clarke Shores 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 Lake Clarke Shores
- The average income of a Lake Clarke Shores resident is $47,718 a year. The US average is $28,555 a year.
- The Median household income of a Lake Clarke Shores resident is $133,997 a year. The US average is $69,021 a year.