Progress Village, FL is a desirable place to live. It is within driving distance of major cities such as Tampa and Orlando. The cost of living in Progress Village is slightly higher than the US average. For instance, the 2 bedroom rent in Progress Village is $1,850 compared to $1,430 nationally. Grocery costs are also higher with an index of 103 versus 100 in the US. Local companies include Progress Village Pizza Company, Florida Auto Repair, and Progress Village Dry Cleaners. All in all, Progress Village offers great amenities such as a reasonable cost of living and local businesses for residents to enjoy.
Progress Village has an unemployment rate of 4.6%. The US average is 6.0%.
Progress Village has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Progress Village
- The Sales Tax Rate for Progress Village is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Progress Village 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 Progress Village
- The average income of a Progress Village resident is $23,161 a year. The US average is $28,555 a year.
- The Median household income of a Progress Village resident is $65,769 a year. The US average is $69,021 a year.