Zip 33920 (Alva, FL) Economy


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Alva, FL (33920) is a great place to live with its affordable housing costs and low grocery expenditure. The average two-bedroom rent in Alva is $1,180 versus the US average of $1,430. The Grocery Cost Index in Alva is 105 compared to the US index of 100, which means you can save more money on groceries here than in most other areas.
Alva offers numerous amenities for its residents including a variety of local businesses such as the Alva Market, Cheers Bar & Grill, and La Casa Del Sol Mexican Restaurant. There are also several hair salons and barbershops to choose from as well as medical facilities such as Hendry Regional Medical Center and Alva Animal Clinic. Other attractions include Corkscrew Swamp Sanctuary, Caloosahatchee Regional Park, Estero Nature Preserve Walkway, and the nearby Babcock Ranch Preserve. Alva has something for everyone!

Alva (zip 33920) has an unemployment rate of 4.6%. The US average is 6.0%.

Alva (zip 33920) 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 41.6%, which is higher than the US average of 33.5%.

Tax Rates for Alva (zip 33920)
- The Sales Tax Rate for Alva (zip 33920) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alva (zip 33920) 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 Alva (zip 33920)
- The average income of a Alva (zip 33920) resident is $26,124 a year. The US average is $28,555 a year.
- The Median household income of a Alva (zip 33920) resident is $77,051 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlva, FloridaUnited States
  4.66
  -5.1%-6.2%
  41.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $36,994$37,638
  $77,051$69,021
  $84,706$85,028
  Population by Occupation
  4.4%1.2%
  0.0%0.5%
  13.4%6.8%
  2.4%10.0%
  2.1%2.5%
  14.3%11.0%
  4.3%4.8%
  0.5%0.8%
  0.2%1.9%
  2.5%4.7%
  4.2%1.9%
  3.9%7.6%
  0.0%0.1%
  2.1%4.2%
  8.6%9.3%
  17.1%14.0%
  1.2%2.1%
  6.5%7.0%
  7.6%4.8%
  4.5%4.7%
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