South Venice, FL is a bustling city located in the South of Florida. This area has been known for its mild climate and affordable cost of living. The average two bedroom rent in South Venice, FL is $1,750 compared to the US average two bedroom rent of $1,430. Additionally, the grocery cost index in South Venice is 105 as opposed to 100 in the US. There are many local companies operating throughout South Venice that contribute to the economy. Businesses like Sunset Beach Resort & Villas and Gulf Coast Sporting Goods provide goods and services to the community. The cost of living is very affordable in South Venice with a low housing market and reasonable prices for groceries, making it a great place to live or visit.
South Venice has an unemployment rate of 4.5%. The US average is 6.0%.
South Venice has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for South Venice
- The Sales Tax Rate for South Venice is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Venice 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 Venice
- The average income of a South Venice resident is $24,210 a year. The US average is $28,555 a year.
- The Median household income of a South Venice resident is $64,445 a year. The US average is $69,021 a year.