Altamonte Springs, Florida (zip code 32701) is a vibrant city located in Seminole County, just north of Orlando. The average two-bedroom rent here is $1,650 which is slightly more expensive than the US average of $1,430. Grocery costs are also slightly higher with an index rating of 99 compared to the US average of 100.
Altamonte Springs has a variety of businesses for its residents to enjoy, such as JCPenny, Dillard's and Macy's at the Altamonte Mall as well as the Publix supermarket chain and numerous restaurants including Olive Garden and Longhorn Steakhouse. The city also hosts many events throughout the year like live music concerts at Cranes Roost Park and a Fourth of July Fireworks display. With all these amenities and activities offered right in their backyard, Altamonte Springs makes for an enjoyable place to live and work.
Altamonte Springs (zip 32701) has an unemployment rate of 4.9%. The US average is 6.0%.
Altamonte Springs (zip 32701) has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 47.0%, which is higher than the US average of 33.5%.
Tax Rates for Altamonte Springs (zip 32701)
- The Sales Tax Rate for Altamonte Springs (zip 32701) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Altamonte Springs (zip 32701) 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 Altamonte Springs (zip 32701)
- The average income of a Altamonte Springs (zip 32701) resident is $34,439 a year. The US average is $37,638 a year.
- The Median household income of a Altamonte Springs (zip 32701) resident is $60,212 a year. The US average is $69,021 a year.