Zip 33805 (Lakeland, FL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lakeland, FL is a city located in the Polk County area with a population of around 108,000 people. It is known for its charming downtown area and beautiful lakeside scenery. In Lakeland, the average 2 bedroom rent is $1,180 which is $250 less than the US average. The grocery cost index in Lakeland is also lower than the U.S. average at 101 versus 100. \nAs far as local businesses go, Lakeland has plenty to offer! Some popular companies include Publix Super Markets Inc., Sun 'n Fun Fly-In Airport, Walgreen Co., Florida Polytechnic University and Lakeland Regional Health Systems. With its low cost of living and countless job opportunities, it's no wonder why so many people choose to call this lovely city home!

Lakeland (zip 33805) has an unemployment rate of 5.6%. The US average is 6.0%.

Lakeland (zip 33805) 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 33805)
- The Sales Tax Rate for Lakeland (zip 33805) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeland (zip 33805) 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 33805)
- The average income of a Lakeland (zip 33805) resident is $15,070 a year. The US average is $28,555 a year.
- The Median household income of a Lakeland (zip 33805) resident is $41,818 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeland, FloridaUnited States
  5.66
  -2.2%-6.2%
  42.5%33.5%
  7.0%6.2%
  0.0%4.6%
  $23,726$37,638
  $41,818$69,021
  $47,674$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.0%6.8%
  5.6%10.0%
  3.2%2.5%
  15.8%11.0%
  7.1%4.8%
  1.0%0.8%
  1.8%1.9%
  1.9%4.7%
  2.6%1.9%
  3.2%7.6%
  0.0%0.1%
  8.2%4.2%
  6.1%9.3%
  15.0%14.0%
  0.8%2.1%
  11.2%7.0%
  6.1%4.8%
  2.2%4.7%
Health