Okeechobee, FL Metro Area is an affordable area to live in with the 2 bedroom rent at $980 which is much lower than the US national average of $1,430. It also has a Grocery Cost Index of 102 versus 100 in the US, making it slightly more expensive but still within reach for most people. Okeechobee is a great place to live and work due to some of its local companies and schools such as Florida Atlantic University Harbor Branch Campus, Florida State University Okeechobee Campus, Deseret Ranch, and Latite Roofing & Sheet Metal Co. It is well known for its fishing and stunning beaches that attract many visitors each year.
Okeechobee Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
Okeechobee Metro Area has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.
Tax Rates for Okeechobee Metro Area
- The Sales Tax Rate for Okeechobee Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Okeechobee 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 Okeechobee Metro Area
- The average income of a Okeechobee Metro Area resident is $18,087 a year. The US average is $28,555 a year.
- The Median household income of a Okeechobee Metro Area resident is $47,020 a year. The US average is $69,021 a year.