Homosassa Springs Metro Area, FL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Florida / Homosassa Springs Metro Area / Counties / Cities / Zip Codes
Homosassa Springs is a vibrant community located in the Florida Metro Area. The city has a population of approximately 19,000 people, making it an ideal place to live for those looking to escape the hustle and bustle of big-city life. The area offers an array of businesses including local favorites such as Homosassa Hardware & Supply Company, Amscot Financial Services, and Sweetwater Dental. Rent for a two bedroom apartment in the area is significantly lower than the national average at $970 per month. Grocery costs are also slightly less expensive than the US average with an index score of 103 versus 100. All in all, Homosassa Springs is a great place to call home that offers amenities close by and more affordable prices than other metro areas.

Homosassa Springs Metro Area has an unemployment rate of 6.4%. The US average is 6.0%.

Homosassa Springs Metro Area has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Homosassa Springs Metro Area
- The Sales Tax Rate for Homosassa Springs Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homosassa Springs Metro Area 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 Homosassa Springs Metro Area
- The average income of a Homosassa Springs Metro Area resident is $23,495 a year. The US average is $28,555 a year.
- The Median household income of a Homosassa Springs Metro Area resident is $48,664 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomosassa Springs, FloridaUnited States
  6.46
  -5.3%-6.2%
  29.0%33.5%
  6.0%6.2%
  0.0%4.6%
  $29,948$37,638
  $48,664$69,021
  $61,903$85,028
  Population by Occupation
  1.0%1.2%
  0.2%0.5%
  10.1%6.8%
  4.6%10.0%
  1.7%2.5%
  15.8%11.0%
  3.3%4.8%
  2.9%0.8%
  1.1%1.9%
  2.6%4.7%
  2.1%1.9%
  5.1%7.6%
  0.0%0.1%
  3.8%4.2%
  6.2%9.3%
  16.3%14.0%
  3.2%2.1%
  8.6%7.0%
  6.6%4.8%
  4.8%4.7%
Health