Daytona Beach, FL 32118 is an ideal location to live in if you are looking for a relatively affordable place with great amenities. The average 2 bedroom rent in this area is $1,190 per month compared to the national average of $1,430. Grocery price index in this area is also very competitive at 100 on par with the rest of the US. Local companies include Daytona International Speedway, Embry-Riddle Aeronautical University and Halifax Health Medical Center. Other large employers within Daytona Beach include NASCAR and United Way. This city offers its residents a wide variety of attractions that range from historic sites to beachfront activities. There are plenty of great restaurants and shopping centers located close by as well making it an ideal home for those looking for a balanced lifestyle.
Daytona Beach (zip 32118) has an unemployment rate of 7.1%. The US average is 6.0%.
Daytona Beach (zip 32118) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%.
Tax Rates for Daytona Beach (zip 32118)
- The Sales Tax Rate for Daytona Beach (zip 32118) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Daytona Beach (zip 32118) 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 Daytona Beach (zip 32118)
- The average income of a Daytona Beach (zip 32118) resident is $27,693 a year. The US average is $28,555 a year.
- The Median household income of a Daytona Beach (zip 32118) resident is $45,962 a year. The US average is $69,021 a year.