Lauderdale Lakes, FL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lauderdale Lakes, FL is a vibrant city located just outside of Fort Lauderdale offering plenty of opportunities for residents. Two bedroom rent in Lauderdale Lakes is slightly higher than the national average at $1,570 compared to the US 2 Bedroom Rent of $1,430. The cost of groceries is also slightly higher at 103 versus 100 in the US but local businesses make up for the cost difference. Residents can shop at places like Walmart Supercenter, Publix Super Market and Super Target as well as visit local restaurants such as China Wok and Pizza Plus.

Lauderdale Lakes has an unemployment rate of 7.6%. The US average is 6.0%.

Lauderdale Lakes 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 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Lauderdale Lakes
- The Sales Tax Rate for Lauderdale Lakes is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lauderdale 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 Lauderdale Lakes
- The average income of a Lauderdale Lakes resident is $15,362 a year. The US average is $28,555 a year.
- The Median household income of a Lauderdale Lakes resident is $40,217 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLauderdale Lakes, FloridaUnited States
  7.66
  -7.7%-6.2%
  37.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $19,747$37,638
  $40,217$69,021
  $52,847$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.1%6.8%
  2.3%10.0%
  1.0%2.5%
  16.4%11.0%
  7.6%4.8%
  0.2%0.8%
  1.4%1.9%
  1.7%4.7%
  2.1%1.9%
  1.9%7.6%
  0.0%0.1%
  10.8%4.2%
  7.0%9.3%
  19.2%14.0%
  3.5%2.1%
  9.9%7.0%
  4.9%4.8%
  3.8%4.7%
Health
Compare Lauderdale Lakes, FL
cost of living
Compare food, housing, utilities, and more in Lauderdale Lakes, Florida to any other city in the US.