Arcadia, FL Metro Area is an affordable destination for those looking to rent. The average two-bedroom rent here is $830, much lower than the national average of $1,430. The cost of living in Arcadia is also lower than the national average, with a Grocery Cost Index of 102 compared to 100 in the US. Arcadia is home to several well known companies such as John Deere, Walmart Distribution Center, and Arcadia Regional Health System. Additionally, there are many local restaurants and shops that make up the unique culture of this area.
Arcadia Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
Arcadia Metro Area has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Arcadia Metro Area
- The Sales Tax Rate for Arcadia Metro Area is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Arcadia 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 Arcadia Metro Area
- The average income of a Arcadia Metro Area resident is $15,596 a year. The US average is $28,555 a year.
- The Median household income of a Arcadia Metro Area resident is $39,945 a year. The US average is $69,021 a year.