Coral Springs, Florida (33067) is a great place to live. It is close to the major city of Miami, but offers a much lower cost of living. The average two bedroom rent in Coral Springs is $2,260 per month, while the national average two bedroom rent is only $1,430 per month. Grocery costs are also slightly higher in Coral Springs with an index score of 111 compared to the US score of 100. Despite this higher cost of living compared to other parts of the country, many families still choose to call Coral Springs home due to its proximity to Miami and lower taxes.
The city boasts many well-known companies such as BankUnited Financial Corporation, JM Family Enterprises Inc., and Modernizing Medicine Inc. Additionally there are numerous local shops and restaurants that provide residents with access to affordable goods and services. The overall cost of living may be more expensive than some other areas but it also provides a convenient location for those who want easy access to all Miami has to offer without sacrificing their budget or quality of life.
Coral Springs (zip 33067) has an unemployment rate of 4.5%. The US average is 6.0%.
Coral Springs (zip 33067) 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 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Coral Springs (zip 33067)
- The Sales Tax Rate for Coral Springs (zip 33067) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coral Springs (zip 33067) 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 Coral Springs (zip 33067)
- The average income of a Coral Springs (zip 33067) resident is $43,978 a year. The US average is $28,555 a year.
- The Median household income of a Coral Springs (zip 33067) resident is $115,397 a year. The US average is $69,021 a year.