Economy in Florida

Florida has an unemployment rate of 4.9%. The US average is 5.2%.

Florida has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 38.0%.

Tax Rates for Florida
- The Sales Tax Rate for Florida is 7.0%. The US average is 6.0%.
- The Income Tax Rate for Florida is 0.0%. The US average is 4.6%.

Income and Salaries for Florida
- The average income of a Florida resident is $26,499 a year. The US average is $28,555 a year.
- The Median household income of a Florida resident is $47,212 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYFlorida, FloridaUnited States
  Unemployment Rate4.9%5.2%
  Recent Job Growth1.7%1.6%
  Future Job Growth38.5%38.0%
  Sales Taxes7.0%6.0%
  Income Taxes0.0%4.6%
  Income per Cap.$26,499$28,555
  Household Income$47,212$53,482
  Family Median Income$57,176$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting1.0%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction6.6%6.2%
  Manufacturing5.2%10.4%
  Wholesale trade2.9%2.7%
  Retail trade13.4%11.6%
  Transportation and warehousing4.3%4.1%
  Utilities00
  Information2.0%2.1%
  Finance and insurance4.9%4.7%
  Real estate, rental, leasing2.8%1.9%
  Professional, scientific, technical services6.6%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs6.1%4.3%
  Educational services8.0%9.3%
  Health care and social assistance13.3%13.8%
  Arts, entertainment, recreation3.0%2.2%
  Accommodation, food services9.2%7.4%
  Other services5.4%4.9%
  Public administration0.045760.04801
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    Reviews for Florida    199 Reviews
    Mistake. - 5/16/2018
    It hasn't worked out for me, but the same problems in Florida are the same all over the place. You need to own a company or get into management. And we know how that... Read More

    Start Your Review of Florida


    nice place friendly people but you cant get a job - 10/17/2017
    lived here for 2yrs the people act friendly but nobody wants to hire you unless you work for poverty wages.......if your connected you get better paying jobs but even... Read More

    Best place for education for a special needs child - 8/15/2016
    Looking for a place to move with a good education for my Special Needs High School daughter. Any help would be greatly... Read More


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