Oak Ridge, FL is a great place to live. With an average two-bedroom rent of $1,460 and a Grocery Cost Index of 98 compared to the US index of 100, it is quite affordable. In addition to cost savings, Oak Ridge offers a variety of local shops and businesses that make living in the area convenient. These include companies like Redesigns by Mary LLC for interior design needs, Integrity Plumbing & Air Inc for air conditioning and plumbing services, Tru Green Land Care for landscaping services, and Oak Ridge Storage Solutions for storage services.
Oak Ridge has an unemployment rate of 5.5%. The US average is 6.0%.
Oak Ridge has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.
Tax Rates for Oak Ridge
- The Sales Tax Rate for Oak Ridge is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oak Ridge 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 Oak Ridge
- The average income of a Oak Ridge resident is $14,197 a year. The US average is $28,555 a year.
- The Median household income of a Oak Ridge resident is $44,544 a year. The US average is $69,021 a year.