Lake Kathryn, FL Economy


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Lake Kathryn, FL is a charming town located in Florida. It has a lot to offer its residents with luxuries such as two bedroom rents being at $1,270 which is lower than the US average of $1,430. In addition to this, groceries are more affordable in Lake Kathryn with its Grocery Cost Index being 97 versus 100 for the US as a whole. This makes it an attractive residence option for people looking to save money. Local companies include but are not limited to stores such as The Sunshine Market and Decorum Home Furnishings. The population index of 97 indicates that it is slightly lower than the US average which suggests that there may be less competition for jobs or housing opportunities within Lake Kathryn compared to other cities.

Lake Kathryn has an unemployment rate of 5.3%. The US average is 6.0%.

Lake Kathryn has seen the job market decrease by -10.2% over the last year. Future job growth over the next ten years is predicted to be 51.2%, which is higher than the US average of 33.5%.

Tax Rates for Lake Kathryn
- The Sales Tax Rate for Lake Kathryn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Kathryn 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 Kathryn
- The average income of a Lake Kathryn resident is $21,927 a year. The US average is $37,638 a year.
- The Median household income of a Lake Kathryn resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Kathryn, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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