Zip 34474 (Ocala, FL) Economy


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34474 Ocala, FL is an up-and-coming city in the Sunshine State. It's 2 bedroom rent is $1,360; slightly lower than the US average of $1,430. The grocery cost index for the area is 99 versus 100 in the US - making it a very affordable place to live. In terms of local businesses, 34474 Ocala has everything from restaurants such as Red Lobster and Olive Garden to department stores like Walmart and Lowe's. There are also many smaller companies, such as J&D Electric Co., Finish Line Exhaust & Alignment, and Koffee Korner Cafe. All in all, with its numerous businesses and low prices, 34474 Ocala proves to be a great place to live and work!

Ocala (zip 34474) has an unemployment rate of 5.6%. The US average is 6.0%.

Ocala (zip 34474) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Ocala (zip 34474)
- The Sales Tax Rate for Ocala (zip 34474) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ocala (zip 34474) 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 Ocala (zip 34474)
- The average income of a Ocala (zip 34474) resident is $33,565 a year. The US average is $37,638 a year.
- The Median household income of a Ocala (zip 34474) resident is $54,886 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOcala, FloridaUnited States
  5.66
  -3.7%-6.2%
  37.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $33,565$37,638
  $54,886$69,021
  $64,542$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.7%6.8%
  6.7%10.0%
  2.2%2.5%
  16.6%11.0%
  3.7%4.8%
  1.8%0.8%
  0.9%1.9%
  0.8%4.7%
  2.6%1.9%
  10.1%7.6%
  0.0%0.1%
  2.7%4.2%
  6.2%9.3%
  19.0%14.0%
  1.1%2.1%
  10.1%7.0%
  5.9%4.8%
  4.2%4.7%
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