Tamarac, Florida is a great place to live and work. The city has a strong economy with diverse businesses, ranging from finance to healthcare. Two bedroom rent in Tamarac is slightly more expensive than the country-wide average of $1,430 but other expenses such as groceries are slightly cheaper with an index of 104 versus 100 in the US. Some of the local companies include The Bank, Enzo International Care Group, and Toray Industries Inc. The Bank offers banking services and financial products to individuals, families and small businesses in the area while Enzo International Care Group provides medical solutions for assisted living communities throughout South Florida. Lastly, Toray Industries Inc manufactures power systems technology for aerospace applications.
Tamarac has an unemployment rate of 5.1%. The US average is 6.0%.
Tamarac has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Tamarac
- The Sales Tax Rate for Tamarac is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tamarac 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 Tamarac
- The average income of a Tamarac resident is $24,938 a year. The US average is $28,555 a year.
- The Median household income of a Tamarac resident is $54,114 a year. The US average is $69,021 a year.