Lakewood Park, FL is a great place to live for individuals and families looking for a more affordable lifestyle. Rent for a two-bedroom property in Lakewood Park is $1,200 on average compared to the US average of $1,430. Groceries are also cheaper with the cost index in Lakewood Park being 103 compared to the US average of 100. Plus, there are plenty of attractions and activities for people of all ages to enjoy. Local companies in Lakewood Park include restaurants such as The Dockside Café, Grandma's Kitchen, and Captain Dave's; shopping centers like Lakewood Towne Center; and entertainment venues like Cinema South Theater. When it comes to activities, residents can explore nature at the nearby Circle B Bar Reserve, wander around the Winter Haven Public Library or visit one of the many local parks such as Veterans Memorial Park or Riverside Park.
Lakewood Park has an unemployment rate of 5.3%. The US average is 6.0%.
Lakewood Park has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Lakewood Park
- The Sales Tax Rate for Lakewood Park is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lakewood Park 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 Lakewood Park
- The average income of a Lakewood Park resident is $28,496 a year. The US average is $28,555 a year.
- The Median household income of a Lakewood Park resident is $53,866 a year. The US average is $69,021 a year.