Lake Worth, Florida (33463) is an ideal place to live, with a reasonable cost of living and numerous local businesses. The average two-bedroom rent in the area is around $1,620 per month – slightly more than the US average of $1,430. Groceries also tend to be a bit more expensive in Lake Worth with a grocery cost index of 105 compared to 100 nationally.
The city is home to many small businesses including family-owned restaurants like La Guadalupana Mexican Restaurant, boutiques like Royal Diva Boutique and specialty shops like Amigo's Auto Repair & Sales. There are plenty of options for outdoor activities at nearby parks such as John Prince Park or Tierra Verde Park. There's also plenty of shopping available at places like Cross Creek Commons Shopping Center or Palm Beach Outlet Mall. With its desirable location and affordable cost of living, Lake Worth is an attractive place to call home.
Lake Worth (zip 33463) has an unemployment rate of 4.6%. The US average is 6.0%.
Lake Worth (zip 33463) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Lake Worth (zip 33463)
- The Sales Tax Rate for Lake Worth (zip 33463) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Worth (zip 33463) 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 Worth (zip 33463)
- The average income of a Lake Worth (zip 33463) resident is $30,622 a year. The US average is $37,638 a year.
- The Median household income of a Lake Worth (zip 33463) resident is $59,791 a year. The US average is $69,021 a year.