Mims, FL Economy


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Mims, FL is a small town with a strong sense of community. It is located in Brevard County and is close to nearby cities such as Cocoa Beach, Titusville, Melbourne, and Orlando. It is known for its moderate climate and beautiful landscapes. Businesses in Mims, FL include Mims Pharmacy, Family Dollar Store, Mims Veterinary Clinic, Space Coast Insurance Agency Inc., and many more. The cost of living in Mims is lower than the U.S average; rent for a 2 bedroom apartment averages around $1,190 compared to $1,430 nationally. Grocery costs are also lower than average in Mims with an index of 101 versus 100 in the US. For those looking for an affordable place to call home with plenty of amenities close by, Mims is definitely worth considering!

Mims has an unemployment rate of 4.5%. The US average is 6.0%.

Mims 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 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Mims
- The Sales Tax Rate for Mims is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mims 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 Mims
- The average income of a Mims resident is $22,712 a year. The US average is $28,555 a year.
- The Median household income of a Mims resident is $51,425 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMims, FloridaUnited States
  4.56
  -4.2%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $31,651$37,638
  $51,425$69,021
  $62,695$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  14.8%6.8%
  5.6%10.0%
  0.0%2.5%
  12.6%11.0%
  6.0%4.8%
  0.6%0.8%
  0.0%1.9%
  0.5%4.7%
  2.1%1.9%
  12.1%7.6%
  0.0%0.1%
  3.8%4.2%
  5.3%9.3%
  14.6%14.0%
  1.2%2.1%
  7.5%7.0%
  7.9%4.8%
  4.6%4.7%
Reviews for Mims
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Over 16 years ago

I lived in Mims for 4 years. It takes getting used to. I loved the fact that there wasn't much for traffic, compared to Central Fl. My teenage daughter learned to drive  More

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Over 17 years ago

Mims is a relatively small town, attached to Titusville FL. The small town is nice if you want to get away from the hustle of Central Florida, but there isn't too much  More

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Over 18 years ago

Mims is semi rural...we love that about it. However, summers, (April-Nov), are too hot and humid in our opinion. Maybe it's just that it goes on too long! It's  More

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