Land O Lakes, FL Economy


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Land O’ Lakes, FL is a suburb located north of Tampa and it offers a great quality of life for its residents. It has been rated one of the best places to live in the US because of its warm climate, low crime rate, low cost of living and high employment rate. The average rent for two bedroom apartments is $1,970 compared to an average of $1,430 across the US. The Grocery Cost Index in Land O' Lakes is 106 versus 100 in the US which shows that groceries are slightly more expensive here than elsewhere. There are many local businesses in Land O’ Lakes that offer competitive salaries such as AdventHealth Carrollwood Hospital & ER, Publix Super Markets Inc., and Amazon Fulfillment Center. These companies attract a large number of employees from the local communities as well as neighboring towns. All these factors make living in Land O' Lakes much more affordable than other cities across the US.

Land O' Lakes has an unemployment rate of 5.0%. The US average is 6.0%.

Land O' Lakes has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 44.3%, which is higher than the US average of 33.5%.

Tax Rates for Land O' Lakes
- The Sales Tax Rate for Land O' Lakes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Land O' Lakes 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 Land O' Lakes
- The average income of a Land O' Lakes resident is $29,443 a year. The US average is $28,555 a year.
- The Median household income of a Land O' Lakes resident is $84,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLand O' Lakes, FloridaUnited States
  56
  -4.4%-6.2%
  44.3%33.5%
  7.0%6.2%
  0.0%4.6%
  $36,877$37,638
  $84,146$69,021
  $94,565$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.1%6.8%
  3.9%10.0%
  2.8%2.5%
  12.6%11.0%
  3.3%4.8%
  0.2%0.8%
  2.1%1.9%
  8.3%4.7%
  2.6%1.9%
  7.0%7.6%
  0.3%0.1%
  5.7%4.2%
  11.4%9.3%
  15.0%14.0%
  1.4%2.1%
  6.0%7.0%
  4.5%4.8%
  3.7%4.7%
Reviews for Land O Lakes
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Over 11 years ago

None!  More

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I have lived in Florida for 25 years and regret having ever moved here. Unfortunately, I now have roots and family here and I could not stand being away from them.  More

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Over 16 years ago

Living here almost 3 years, I check temperature and humidity daily. Early morning and late evening are very humid. But April thru October I have to add 3 inches of water  More

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