Punta Gorda, FL Metro Area is a desirable place to live due to its affordable cost of living. The 2 bedroom rent in Punta Gorda is around $1,270 which is significantly lower than the US average of $1,430. In addition, the grocery cost index in Punta Gorda is 105 compared to 100 for the US average. There are many local companies in this area such as Charlotte County Chamber of Commerce, Charlotte Harbor Environmental Center, and Murdock Village Shopping Center that provide employment opportunities and contribute to the growth of the city. The low cost of living and abundance of local businesses make Punta Gorda an attractive place to live.
Punta Gorda Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
Punta Gorda Metro Area has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Punta Gorda Metro Area
- The Sales Tax Rate for Punta Gorda Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Punta Gorda 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 Punta Gorda Metro Area
- The average income of a Punta Gorda Metro Area resident is $35,656 a year. The US average is $37,638 a year.
- The Median household income of a Punta Gorda Metro Area resident is $57,887 a year. The US average is $69,021 a year.