Ridgecrest, FL is an attractive place to live with affordable housing and accessible amenities. The average two bedroom rent in Ridgecrest is $1,620 which is lower than the US average of $1,430. The grocery cost index in Ridgecrest scored higher than the US at 105 versus 100 respectively. Local companies such as G&G Industries and Ortega Construction are major employers who provide a variety of jobs for residents. Additionally, Ridgecrest has a growing retail industry due to recent expansions such as Walmart Neighborhood Market opening in 2019. With its close proximity to larger cities like Miami and Fort Lauderdale, Ridgecrest offers suburban living with plenty of options for outdoor enthusiasts.
Ridgecrest has an unemployment rate of 4.4%. The US average is 6.0%.
Ridgecrest 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 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Ridgecrest
- The Sales Tax Rate for Ridgecrest is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ridgecrest 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 Ridgecrest
- The average income of a Ridgecrest resident is $14,524 a year. The US average is $28,555 a year.
- The Median household income of a Ridgecrest resident is $39,207 a year. The US average is $69,021 a year.