Marco Island, FL is an idyllic vacation destination popular among tourists and locals alike. Located in the Gulf of Mexico, Marco Island offers breathtaking views and a range of activities to explore. Its two-bedroom rent prices are more expensive than the US average of $1,430, but that doesn't stop people from wanting to live on this beautiful island. The grocery cost index in Marco Island is also higher than the US average at 113 versus 100. Tourists can enjoy the endless beaches, resorts, restaurants and shops located on the island for a memorable experience. For those looking for more outdoor activities, there is fishing, kayaking and even parasailing available. Local favorites include Tigertail Beach, Marco Island Marina and the Esplanade Shops.
Marco Island has an unemployment rate of 4.0%. The US average is 6.0%.
Marco Island has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Marco Island
- The Sales Tax Rate for Marco Island is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marco Island 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 Marco Island
- The average income of a Marco Island resident is $55,156 a year. The US average is $28,555 a year.
- The Median household income of a Marco Island resident is $93,134 a year. The US average is $69,021 a year.