Cocoa, Florida (32927) is a great city to live in. It has an affordable 2 bedroom rent of $1,330 compared to the national average of $1,430. Furthermore, the grocery cost index is 99 versus 100 in the US. This city has many great local companies that help make it a vibrant community. One example is Cocoa Beach Surf Company which offers surf lessons and rentals. They are known for their friendly staff and excellent rental boards. Another company is Mellow Minds Coffee, a popular coffee shop located on Cocoa Beach Pier. They offer freshly brewed coffee as well as a variety of house-made pastries. Both of these businesses help create an enjoyable atmosphere in Cocoa and contribute to its economy.
Cocoa (zip 32927) has an unemployment rate of 4.5%. The US average is 6.0%.
Cocoa (zip 32927) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Cocoa (zip 32927)
- The Sales Tax Rate for Cocoa (zip 32927) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cocoa (zip 32927) 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 Cocoa (zip 32927)
- The average income of a Cocoa (zip 32927) resident is $24,100 a year. The US average is $28,555 a year.
- The Median household income of a Cocoa (zip 32927) resident is $72,276 a year. The US average is $69,021 a year.