Indian River, FL County is situated in the state of Florida and offers an affordable living compared to other parts of the United States. The average 2 bedroom rent in Indian River is $1,260, which is much lower than the US average of $1,430. Furthermore, grocery cost index in Indian River is 105 while it is 100 on average throughout the United States. The county has several local businesses such as Palm Tree Aviation, Atlantic Outdoor Services and Fence Outlet. These companies offer quality goods and services at an affordable price that helps to make life easier for locals. In conclusion, Indian River County provides a great living environment with its lower cost of living compared to other areas in America.
Indian River County has an unemployment rate of 5.2%. The US average is 6.0%.
Indian River County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Indian River County
- The Sales Tax Rate for Indian River County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indian River 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 Indian River County
- The average income of a Indian River County resident is $40,318 a year. The US average is $37,638 a year.
- The Median household income of a Indian River County resident is $61,594 a year. The US average is $69,021 a year.