Lake Magdalene, FL is a popular area to live in for those looking for a comfortable and affordable lifestyle. The 2 bedroom rent in Lake Magdalene is $1,560 compared to the US average of $1,430; not only that, but the local grocery cost index rating 105 versus 100 in the US. This makes living here a great deal for many people. Local businesses include Marlin Properties & Management LLC, Concierge Home Services and Graham’s Automotive Repair & Service. All of these companies provide excellent service with high quality products and services while keeping prices competitive.
Lake Magdalene has an unemployment rate of 4.6%. The US average is 6.0%.
Lake Magdalene has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Lake Magdalene
- The Sales Tax Rate for Lake Magdalene is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Magdalene 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 Magdalene
- The average income of a Lake Magdalene resident is $42,672 a year. The US average is $37,638 a year.
- The Median household income of a Lake Magdalene resident is $69,045 a year. The US average is $69,021 a year.