Citrus Springs, FL is a small city located in Marion County with a population of around 5,950. It offers an affordable cost of living and many job opportunities. The average 2 bedroom rent in Citrus Springs is $1,250 which is slightly lower than the US average of $1,430. The grocery cost index in Citrus Springs is 103 which means that it costs 3% more than the national average to buy groceries here. There are several local companies such as Citrus Springs Nursery & Landscaping Co. Inc., who offer services such as landscaping design and installation, Ewing Irrigation Products Inc., providing irrigation supplies and services for commercial and residential properties, and Tractor Supply Co., selling farm equipment and tools for rural living. Citrus Springs’ relatively low cost of living makes it an attractive option for those looking for an affordable place to live without sacrificing convenience or access to work.
Citrus Springs (zip 34434) has an unemployment rate of 6.4%. The US average is 6.0%.
Citrus Springs (zip 34434) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Citrus Springs (zip 34434)
- The Sales Tax Rate for Citrus Springs (zip 34434) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Citrus Springs (zip 34434) 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 Citrus Springs (zip 34434)
- The average income of a Citrus Springs (zip 34434) resident is $25,722 a year. The US average is $37,638 a year.
- The Median household income of a Citrus Springs (zip 34434) resident is $54,816 a year. The US average is $69,021 a year.