The Orlando-Kissimmee-Sanford, FL Metro Area is a wonderful place to live and work. The cost of living is slightly higher than the national average, with 2 bedroom rent averaging $1,620 per month compared to the US average of $1,430. Fortunately, the Grocery Cost Index in this area is only 1 point higher than the US index at 101 versus 100. The area offers a variety of attractions and amenities including Walt Disney World Resort, Universal Studios Florida, SeaWorld Orlando and many more. There are also plenty of local companies such as Lockheed Martin Corporation, Advent Health and Tupperware Brands Corp., providing numerous employment opportunities for those who wish to settle here.
Orlando-Kissimmee-Sanford Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Orlando-Kissimmee-Sanford Metro Area has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.3%, which is higher than the US average of 33.5%.
Tax Rates for Orlando-Kissimmee-Sanford Metro Area
- The Sales Tax Rate for Orlando-Kissimmee-Sanford Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Orlando-Kissimmee-Sanford 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 Orlando-Kissimmee-Sanford Metro Area
- The average income of a Orlando-Kissimmee-Sanford Metro Area resident is $24,876 a year. The US average is $28,555 a year.
- The Median household income of a Orlando-Kissimmee-Sanford Metro Area resident is $65,086 a year. The US average is $69,021 a year.