South Daytona, FL Economy


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South Daytona, FL is a small city located in Volusia County on the east coast of Florida. It offers a variety of amenities, making it an ideal place to live for those looking for a combination of metropolitan convenience with rural charm. The cost to rent a two bedroom apartment in South Daytona is $1,310 per month, which is $120 less than the national average of $1,430. On top of that, local grocery costs are only slightly higher compared to the national average. Local companies such as Top Rated Moving Company and West Coast Plumbing have been providing great services to South Daytona residents for years. Residents can enjoy beautiful beaches along the Atlantic Ocean, great shopping experiences at nearby Ron Jon Surf Shop and plenty of recreational activities at City Island Park. With all these features combined, South Daytona is an attractive city with good quality of life.

South Daytona has an unemployment rate of 5.1%. The US average is 6.0%.

South Daytona has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.

Tax Rates for South Daytona
- The Sales Tax Rate for South Daytona is 6.5%. The US average is 7.3%.
- The Income Tax Rate for South Daytona 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 South Daytona
- The average income of a South Daytona resident is $20,600 a year. The US average is $28,555 a year.
- The Median household income of a South Daytona resident is $47,814 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Daytona, FloridaUnited States
  5.16
  -5.8%-6.2%
  42.9%33.5%
  6.5%6.2%
  0.0%4.6%
  $26,594$37,638
  $47,814$69,021
  $53,991$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  7.6%6.8%
  5.3%10.0%
  1.3%2.5%
  14.3%11.0%
  4.7%4.8%
  0.8%0.8%
  0.2%1.9%
  4.0%4.7%
  2.1%1.9%
  5.7%7.6%
  0.0%0.1%
  8.1%4.2%
  8.7%9.3%
  12.6%14.0%
  2.7%2.1%
  12.6%7.0%
  3.7%4.8%
  5.2%4.7%
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