Lake Hamilton, FL located in zip code 33851 is a small lakeside town known for its quiet atmosphere and natural beauty. With a population of just over 1,000 people, this community offers a peaceful atmosphere for those looking to escape the hustle and bustle of everyday life. The median household income in Lake Hamilton is $42,732 which is slightly below the US median income of $57,652. Despite the slightly lower median household income, Lake Hamilton has an average cost of living that is slightly higher than the US average. This may be due to local companies such as FLEMCO Inc., which specializes in fire protection services and equipment; or Central Florida Nissan, which is one of many car dealerships found throughout the town.
Lake Hamilton (zip 33851) has an unemployment rate of 5.6%. The US average is 6.0%.
Lake Hamilton (zip 33851) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Lake Hamilton (zip 33851)
- The Sales Tax Rate for Lake Hamilton (zip 33851) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Hamilton (zip 33851) 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 Lake Hamilton (zip 33851)
- The average income of a Lake Hamilton (zip 33851) resident is $24,352 a year. The US average is $37,638 a year.
- The Median household income of a Lake Hamilton (zip 33851) resident is $52,109 a year. The US average is $69,021 a year.