Volusia County, FL Economy


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Volusia County, Florida is a beautiful place to call home. With its proximity to the beach and its thriving economy, it's no wonder that many people choose to live and work here. The cost of living in Volusia is quite affordable, with two-bedroom rental rates averaging $1,300 per month versus the US average of $1,430. The grocery cost index in Volusia is also lower than the US average at 100 versus 100. This makes day-to-day expenses much more manageable for those who choose to call this county home. There are numerous local companies in Volusia such as the Daytona Beach News-Journal and Halifax Health that make it a great place to work. For those looking for fun things to do the area has lots of attractions such as the Ponce Inlet Lighthouse and Embry-Riddle Aeronautical University.

Volusia County has an unemployment rate of 5.1%. The US average is 6.0%.

Volusia County has seen the job market decrease by -5.8% 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 Volusia County
- The Sales Tax Rate for Volusia County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Volusia 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 Volusia County
- The average income of a Volusia County resident is $32,231 a year. The US average is $37,638 a year.
- The Median household income of a Volusia County resident is $56,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVolusia, FloridaUnited States
  5.16
  -5.8%-6.2%
  42.9%33.5%
  6.5%6.2%
  0.0%4.6%
  $32,231$37,638
  $56,786$69,021
  $69,946$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.7%6.8%
  5.7%10.0%
  2.2%2.5%
  13.3%11.0%
  4.6%4.8%
  0.8%0.8%
  1.6%1.9%
  5.0%4.7%
  2.7%1.9%
  5.6%7.6%
  0.2%0.1%
  6.4%4.2%
  8.3%9.3%
  13.5%14.0%
  2.4%2.1%
  9.2%7.0%
  4.9%4.8%
  4.2%4.7%
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