Sumter County, FL Economy


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Sumter, FL County is a great place to live and work with affordable rent and groceries. The average 2 bedroom rent in Sumter County is $1,090 which is significantly lower than the US average of $1,430. Additionally the Grocery Cost Index is 98 compared to 100 in the US, making food more affordable in this area. Sumter has a strong economy and many local businesses such as Lowe's Home Improvement, Subway, Dollar General, AutoZone and Pizza Hut. With its affordability and job opportunities, Sumter County can be an attractive location for people looking for a new place to call home.

Sumter County has an unemployment rate of 6.6%. The US average is 6.0%.

Sumter 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 42.9%, which is higher than the US average of 33.5%.

Tax Rates for Sumter County
- The Sales Tax Rate for Sumter County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sumter 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 Sumter County
- The average income of a Sumter County resident is $28,875 a year. The US average is $28,555 a year.
- The Median household income of a Sumter County resident is $63,323 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySumter, FloridaUnited States
  6.66
  -4.3%-6.2%
  42.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $39,922$37,638
  $63,323$69,021
  $75,871$85,028
  Population by Occupation
  1.1%1.2%
  0.3%0.5%
  9.8%6.8%
  5.0%10.0%
  1.3%2.5%
  14.4%11.0%
  3.5%4.8%
  2.1%0.8%
  0.9%1.9%
  4.8%4.7%
  3.5%1.9%
  4.3%7.6%
  0.1%0.1%
  6.5%4.2%
  7.0%9.3%
  12.0%14.0%
  5.1%2.1%
  7.1%7.0%
  7.2%4.8%
  3.8%4.7%
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