Palmetto Estates, FL is an attractive city for those looking for a new place to live. The 2 bedroom rent is $1,730, which is higher than the US average of $1,430. Rent in Palmetto Estates offers residents more bang for their buck. Additionally, the cost of living is higher as is evidenced by the Grocery Cost Index of 108 versus 100 in the US. Local companies include Miami South Auto Mall, Polanco Mexican Kitchen & Bar, Empire Estate Services LLC and J&J Exotic Car Rental. These local businesses are available to provide services and assistance to local residents. With its higher rental prices and cost of living index Palmetto Estates, FL is an ideal location for those seeking a new home.
Palmetto Estates has an unemployment rate of 8.2%. The US average is 6.0%.
Palmetto Estates has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Palmetto Estates
- The Sales Tax Rate for Palmetto Estates is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Palmetto Estates 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 Palmetto Estates
- The average income of a Palmetto Estates resident is $21,154 a year. The US average is $28,555 a year.
- The Median household income of a Palmetto Estates resident is $72,352 a year. The US average is $69,021 a year.