Ormond-by-the-Sea, FL Economy


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Ormond-by-the-Sea, FL is a coastal town located in Volusia County along Florida’s East Coast. It is a great destination for beach lovers with its pristine white beaches and crystal blue waters. The rental market in Ormond-by-the-Sea is quite affordable when compared to other areas in the US, with 2 Bedroom rents costing an average of $1,460. Furthermore, the Grocery Cost Index in Ormond-by-the-Sea stands at 102, which is slightly higher than the national average of 100. Some local companies include Oceanside Cleaners, AJ's Plumbing Solutions, and Sunsetters Beach Rentals & Supplies. All in all, living costs are quite reasonable in Ormond by the Sea and it remains an attractive location for those looking to live near the coast on a budget.

Ormond-by-the-Sea has an unemployment rate of 5.1%. The US average is 6.0%.

Ormond-by-the-Sea has seen the job market decrease by -5.8% 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 Ormond-by-the-Sea
- The Sales Tax Rate for Ormond-by-the-Sea is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ormond-by-the-Sea 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 Ormond-by-the-Sea
- The average income of a Ormond-by-the-Sea resident is $64,357 a year. The US average is $37,638 a year.
- The Median household income of a Ormond-by-the-Sea resident is $53,328 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrmond-by-the-Sea, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Ormond-by-the-Sea
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Over 15 years ago

For a vibrant 44 yr. old single woman coming here fr. Manhattan 8 yrs. ago, I am still in culture shock. This is a vacation/retirement community. Jobs are slim to none,  More

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