Florida, NY is an attractive destination for those looking for moderate costs of living and plenty of opportunities for employment. With two bedroom rent averaging $1,100 per month—lower than the national average—and a grocery cost index of 99 (compared to 100 in the US), it’s easy to save money and enjoy more value for your dollar. The local economy is bolstered by many businesses of varying sizes, such as Johnson & Son Grocery Store, B&B Insurance Solutions, and the popular Mayflower Cafe. With so much to offer residents at a reasonable cost, Florida, NY is sure to continue being an appealing option for people seeking a balance between thriving city life and small-town charm.
Florida town (Montgomery County) has an unemployment rate of 7.8%. The US average is 6.0%.
Florida town (Montgomery County) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Florida town (Montgomery County)
- The Sales Tax Rate for Florida town (Montgomery County) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Florida town (Montgomery County) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Florida town (Montgomery County)
- The average income of a Florida town (Montgomery County) resident is $42,656 a year. The US average is $37,638 a year.
- The Median household income of a Florida town (Montgomery County) resident is $82,230 a year. The US average is $69,021 a year.