Tavernier, FL is a small town located in the Upper Keys of the Florida Keys. It is known for its vibrant marine life and stunning beaches. It is also home to many local businesses including Simply Seafood Restaurant & Bar, Duffy's Steak & Lobster House, and Tavernier Inn. The cost of living in Tavernier is higher than that of the United States as a whole with a Grocery Cost Index of 114 compared to 100 nationally. Similarly, two bedroom rent in Tavernier is significantly higher than the national average at $4,070 compared to just $1,430 for the US. This makes it difficult for families and those on a budget to afford living in Tavernier.
Tavernier has an unemployment rate of 3.3%. The US average is 6.0%.
Tavernier has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.
Tax Rates for Tavernier
- The Sales Tax Rate for Tavernier is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Tavernier 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 Tavernier
- The average income of a Tavernier resident is $32,504 a year. The US average is $28,555 a year.
- The Median household income of a Tavernier resident is $46,250 a year. The US average is $69,021 a year.