Zip 34951 (Lakewood Park, FL) Economy


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Lakewood Park, FL is a small community located in 34951 zip code. The area is known for its pleasant climate and proximity to the beaches. The local housing costs are more affordable compared to other areas in Florida, with the average two bedroom rent at $1,220. Additionally, the Grocery Cost Index (GCI) in Lakewood Park is 103 versus an average of 100 in the US, making groceries slightly more expensive than other regions. Some of the local companies that can be found in Lakewood Park include Shoreline Flooring Solutions, Florida Green Landscaping Inc., and Bailey & Bailey Painting Services. In summary, Lakewood Park offers its residents an affordable living experience with plenty of local businesses to explore.

Lakewood Park (zip 34951) has an unemployment rate of 5.3%. The US average is 6.0%.

Lakewood Park (zip 34951) 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 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Lakewood Park (zip 34951)
- The Sales Tax Rate for Lakewood Park (zip 34951) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lakewood Park (zip 34951) 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 Lakewood Park (zip 34951)
- The average income of a Lakewood Park (zip 34951) resident is $28,735 a year. The US average is $28,555 a year.
- The Median household income of a Lakewood Park (zip 34951) resident is $51,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakewood Park, FloridaUnited States
  5.36
  -4.6%-6.2%
  40.8%33.5%
  7.0%6.2%
  0.0%4.6%
  $30,969$37,638
  $51,375$69,021
  $59,758$85,028
  Population by Occupation
  0.8%1.2%
  0.3%0.5%
  5.9%6.8%
  9.5%10.0%
  0.7%2.5%
  13.9%11.0%
  6.4%4.8%
  2.4%0.8%
  4.6%1.9%
  1.0%4.7%
  1.6%1.9%
  4.8%7.6%
  0.0%0.1%
  5.6%4.2%
  5.6%9.3%
  10.6%14.0%
  2.3%2.1%
  8.5%7.0%
  11.1%4.8%
  4.4%4.7%
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