New Smyrna Beach, FL is an idyllic coastal town located in Volusia County. It offers a vibrant downtown area with plenty of amenities and recreational activities such as fishing, surfing, and sunbathing. The cost of living in New Smyrna Beach is slightly higher than the US average due to a higher rental rate for two bedrooms at $1,460 compared to $1,430 nationally. Additionally, the grocery cost index in New Smyrna Beach is 103 compared to 100 in the US. Local businesses such as Flagler Avenue Market & Deli and 3rd Wave Brewing Co provide residents with employment opportunities as well as quality goods and services. Living in New Smyrna Beach provides a unique lifestyle filled with exciting activities and potential job opportunities that make it an attractive place to call home.
New Smyrna Beach has an unemployment rate of 5.1%. The US average is 6.0%.
New Smyrna Beach has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for New Smyrna Beach
- The Sales Tax Rate for New Smyrna Beach is 6.5%. The US average is 7.3%.
- The Income Tax Rate for New Smyrna Beach 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 New Smyrna Beach
- The average income of a New Smyrna Beach resident is $34,184 a year. The US average is $28,555 a year.
- The Median household income of a New Smyrna Beach resident is $66,159 a year. The US average is $69,021 a year.