33803 Lakeland, FL is an ideal place for those looking for a more affordable cost of living than the national average. The average 2 Bedroom Rent is $1,390 compared to the US average of $1,430. Additionally, grocery costs in 33803 are slightly higher than the national index at 103 versus 100 in the US. This means that groceries will be about 3% more expensive than other places in the country.
A variety of businesses have set up shop in 33803 Lakeland, FL ranging from chain stores like Walmart and Publix to local gems like Austin’s Coffee & Film and Little China Restaurant. These businesses offer residents a variety of options when it comes to dining out or buying goods.
The cost of living in 33803 Lakeland, FL is significantly lower than the national average making it an attractive destination for anyone seeking affordability without sacrificing quality of life. With great businesses (both chain and local) as well as low rent prices, this area is definitely worth considering when moving or relocating.
Lakeland (zip 33803) has an unemployment rate of 5.6%. The US average is 6.0%.
Lakeland (zip 33803) has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Lakeland (zip 33803)
- The Sales Tax Rate for Lakeland (zip 33803) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeland (zip 33803) 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 Lakeland (zip 33803)
- The average income of a Lakeland (zip 33803) resident is $29,011 a year. The US average is $28,555 a year.
- The Median household income of a Lakeland (zip 33803) resident is $58,437 a year. The US average is $69,021 a year.