Pinecrest, FL is a desirable area to live due to its access to amenities such as parks, shopping centers, restaurants, and cafes. The median 2-bedroom rent in Pinecrest is $2,400 which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in Pinecrest is 116 versus 100 in the United States. This shows that food items are more expensive here than other parts of the country. Local companies such as JM Family Enterprises and Royal Caribbean Cruises have headquarters in this area which provide job opportunities for residents. The cost of living in Pinecrest is high but it’s offset by its vibrant lifestyle and numerous amenities.
Pinecrest has an unemployment rate of 8.2%. The US average is 6.0%.
Pinecrest 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 Pinecrest
- The Sales Tax Rate for Pinecrest is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pinecrest 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 Pinecrest
- The average income of a Pinecrest resident is $62,536 a year. The US average is $28,555 a year.
- The Median household income of a Pinecrest resident is $166,801 a year. The US average is $69,021 a year.