Zip 34452 (Inverness Highlands South, FL) Economy


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Inverness Highlands South, FL, is an area with a population of 34452 people located in Citrus County. It is known for its pleasant climate and offers various recreational activities such as fishing and kayaking. The two bedroom rent in Inverness Highlands South averages around $1,000 per month which is slightly cheaper than the US average of $1430. Further, living expenses are also cheaper compared to the US with a Grocery Cost Index of 102 versus 100 in the US.
The local economy of Inverness Highlands South consists of businesses like Inverness Family Pharmacy, Toole's Ace Hardware, and Countryside Farms Nursery that offer services ranging from retail to health care to landscaping. The economic and recreational opportunities combined with affordable rents make Inverness Highlands South an attractive place to live for those looking for a home in Florida.

Inverness Highlands South (zip 34452) has an unemployment rate of 6.4%. The US average is 6.0%.

Inverness Highlands South (zip 34452) has seen the job market increase by 1.2% 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 Inverness Highlands South (zip 34452)
- The Sales Tax Rate for Inverness Highlands South (zip 34452) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Inverness Highlands South (zip 34452) 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 Inverness Highlands South (zip 34452)
- The average income of a Inverness Highlands South (zip 34452) resident is $20,489 a year. The US average is $28,555 a year.
- The Median household income of a Inverness Highlands South (zip 34452) resident is $51,683 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyInverness Highlands South, FloridaUnited States
  6.46
  -5.3%-6.2%
  29.0%33.5%
  6.0%6.2%
  0.0%4.6%
  $27,114$37,638
  $51,683$69,021
  $60,728$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  11.7%6.8%
  8.4%10.0%
  2.0%2.5%
  16.7%11.0%
  3.8%4.8%
  3.4%0.8%
  1.4%1.9%
  1.3%4.7%
  0.6%1.9%
  3.6%7.6%
  0.0%0.1%
  1.5%4.2%
  3.3%9.3%
  19.8%14.0%
  3.6%2.1%
  6.4%7.0%
  4.3%4.8%
  6.6%4.7%
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