Sky Lake, FL is a beautiful and vibrant community located in central Florida. It has a wealth of local businesses, such as Sky Lake Bank, Sky Lake Diner, and The Country Store. Sky Lake offers several amenities for residents to enjoy, including public parks and walking trails. The cost of living in Sky Lake is relatively low due to its 2 bedroom rent rate of $1,350 per month, which is slightly lower than the US average of $1,430 per month. Furthermore, grocery costs in Sky Lake are lower than those in the US with an index rating of 99 compared to 100 nationally. This means that groceries are cheaper here than elsewhere throughout the country.
Sky Lake has an unemployment rate of 5.5%. The US average is 6.0%.
Sky Lake has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.
Tax Rates for Sky Lake
- The Sales Tax Rate for Sky Lake is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sky Lake 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 Sky Lake
- The average income of a Sky Lake resident is $16,844 a year. The US average is $28,555 a year.
- The Median household income of a Sky Lake resident is $53,375 a year. The US average is $69,021 a year.