Spring Ridge, FL is an ideal place to live with its low cost of living and access to local businesses. The average 2 bedroom rent in Spring Ridge is $1,010 which is much lower than the US average of $1,430. This makes it possible for more people to find affordable housing. Additionally, the Grocery Cost Index in Spring Ridge is 99 compared to 100 in the US, making groceries more affordable for inhabitants. In terms of local businesses, there are a few restaurants like Pizza Palace and Pies & More Bakery that have been around since the town's inception over 20 years ago. There are also several new stores that have opened up recently such as The Home Depot and Walmart Supercenter. All these places offer great variety at reasonable prices making it a great place to live!
Spring Ridge has an unemployment rate of 4.1%. The US average is 6.0%.
Spring Ridge has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.
Tax Rates for Spring Ridge
- The Sales Tax Rate for Spring Ridge is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Ridge 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 Spring Ridge
- The average income of a Spring Ridge resident is $38,853 a year. The US average is $37,638 a year.
- The Median household income of a Spring Ridge resident is $55,833 a year. The US average is $69,021 a year.