Lakeland-Winter Haven Metro Area, FL Economy


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United States / Florida / Lakeland-Winter Haven Metro Area / Counties / Cities / Zip Codes
Lakeland-Winter Haven, FL Metro Area offers a wide range of amenities for residents. The area has an average 2 bedroom rent of $1,160 which is significantly lower than the US average of $1,430. This makes living in Lakeland-Winter Haven a great option for those looking to save money while still enjoying the attractions of a bigger city. Additionally, the Grocery Cost Index in Lakeland-Winter Haven is 103 versus 100 in the US, making it a great place to save money on groceries.
The area is populated with many local businesses such as Publix Supermarkets Inc., Florida Southern College and Badcock Furniture &more. There are also plenty of restaurants and entertainment venues such as Legoland Florida Resort, Hollis Garden and Historic Bok Sanctuary to keep residents entertained. With so much to offer, it's no surprise that Lakeland-Winter Haven is such a popular place to live!

Lakeland-Winter Haven Metro Area has an unemployment rate of 5.6%. The US average is 6.0%.

Lakeland-Winter Haven Metro Area has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.

Tax Rates for Lakeland-Winter Haven Metro Area
- The Sales Tax Rate for Lakeland-Winter Haven Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeland-Winter Haven 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 Lakeland-Winter Haven Metro Area
- The average income of a Lakeland-Winter Haven Metro Area resident is $27,909 a year. The US average is $37,638 a year.
- The Median household income of a Lakeland-Winter Haven Metro Area resident is $55,099 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeland-Winter Haven, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
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    Unlock11.0%
    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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