Wahneta, FL is a small town located in Polk County with a population of 590 people. The cost of living is lower than the US average, making it an attractive home for those looking to save money on rent and groceries. The average 2 bedroom rent in Wahneta is much more affordable at $1,090 per month versus the US average of $1,430. Similarly, the grocery cost index is 103 in Wahneta compared to 100 in the US. Local businesses include Watson’s Grocery Store and Everett Paint Store which have served the area for many decades. Wahneta also has its own post office and a family owned pawn shop called Sullivan's pawn Shop. The town boasts year-round warm temperatures due to its location on Florida’s central Gulf coast, making it an ideal spot for fishing and beach activities.
Wahneta has an unemployment rate of 5.6%. The US average is 6.0%.
Wahneta has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Wahneta
- The Sales Tax Rate for Wahneta is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wahneta 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 Wahneta
- The average income of a Wahneta resident is $15,612 a year. The US average is $37,638 a year.
- The Median household income of a Wahneta resident is $40,634 a year. The US average is $69,021 a year.