North Port-Sarasota-Bradenton, FL Metro Area is a great place to live with plenty of amenities. There are many local companies such as Publix Super Markets, Bealls Department Stores, and Champs Sports that make life easily accessible. The cost of living in the area is slightly higher than the national average. The average two bedroom rent in North Port-Sarasota-Bradenton, FL Metro Area is $1,590 compared to $1,430 nationally. Additionally, according to the Grocery Cost Index in North Port-Sarasota-Bradenton, FL Metro Area it is 107 versus 100 in the US. Despite this being higher than average overall living costs are still reasonable for a region with such great accessibility and amenities.
North Port-Sarasota-Bradenton Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
North Port-Sarasota-Bradenton Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.
Tax Rates for North Port-Sarasota-Bradenton Metro Area
- The Sales Tax Rate for North Port-Sarasota-Bradenton Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Port-Sarasota-Bradenton 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 North Port-Sarasota-Bradenton Metro Area
- The average income of a North Port-Sarasota-Bradenton Metro Area resident is $30,813 a year. The US average is $28,555 a year.
- The Median household income of a North Port-Sarasota-Bradenton Metro Area resident is $67,508 a year. The US average is $69,021 a year.