Hernando, FL County is a great place to call home. It has a strong economy with many local companies such as Walmart, Publix Supermarkets, and Walgreens. The cost of living in Hernando County is slightly higher than the average for the United States but still very affordable. Rent for 2 bedrooms can be found at $1,660 compared to the US average of $1,430 and grocery cost index in the area is 103 compared to 100 in the US. All in all, this makes Hernando County an ideal location for those looking for an affordable place to live without sacrificing comfort or convenience.
Hernando County has an unemployment rate of 5.8%. The US average is 6.0%.
Hernando County has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Hernando County
- The Sales Tax Rate for Hernando County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hernando County 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 Hernando County
- The average income of a Hernando County resident is $21,245 a year. The US average is $28,555 a year.
- The Median household income of a Hernando County resident is $53,301 a year. The US average is $69,021 a year.