Florida, OH is a small city located in southwest Ohio with a population of approximately 5,400 people. It offers an affordable cost of living, with 2 bedroom rent averages at around $850 per month compared to the US average of $1,430. The Grocery Cost Index in Florida, OH is 92 versus 100 in the US, meaning groceries are 8% cheaper than the national average. Local businesses in Florida, OH include Heintz Meats & Deli which sells classic German-style meats and other culinary delights; Whitehouse Video & Auto Sales which has been serving the community for nearly 40 years; and Florence Riverview Florist which provides beautiful bouquets for all occasions.
Florida has an unemployment rate of 5.1%. The US average is 6.0%.
Florida has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Florida
- The Sales Tax Rate for Florida is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Florida is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Florida
- The average income of a Florida resident is $31,011 a year. The US average is $37,638 a year.
- The Median household income of a Florida resident is $54,643 a year. The US average is $69,021 a year.