North Key Largo, FL is a popular tourist destination due to its pristine beaches and tropical climate. This town also boasts some of the highest rental prices in the US with 2 bedroom rents averaging to $3,870, compared to the national average of $1,430. Furthermore, North Key Largo’s grocery cost index is also higher than other areas of the country at 114 versus 100 in the US. There are many local companies that serve this area such as Native Vacation Rentals which provides vacation rentals services and The Fish House Restaurant which serves up delicious seafood dishes. Additionally, Dollar Bay Marine Center offers repairs and maintenance for boats while 24-Hour Urgent Care provides quality medical care to residents and visitors alike.
North Key Largo has an unemployment rate of 3.3%. The US average is 6.0%.
North Key Largo has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.
Tax Rates for North Key Largo
- The Sales Tax Rate for North Key Largo is 7.5%. The US average is 7.3%.
- The Income Tax Rate for North Key Largo 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 North Key Largo
- The average income of a North Key Largo resident is $112,918 a year. The US average is $37,638 a year.
- The Median household income of a North Key Largo resident is $108,125 a year. The US average is $69,021 a year.