Ocala, Florida (34470) is a great place for those looking to find an affordable 2 bedroom rental. According to data, the average 2 bedroom rent in Ocala is just $1,140 compared to the US average of $1,430. Furthermore, one of the benefits of living in Ocala is its low grocery costs with a Grocery Cost Index score of 97 versus the US's 100. Major local companies in Ocala include Munroe Regional Medical Center, Freedom Engineering Services and Marion County Public Schools. The cost of living index in Ocala stands at 91.2 which is lower than most other places in the state making it an ideal location for people looking for a more affordable way of life.
Ocala (zip 34470) has an unemployment rate of 5.6%. The US average is 6.0%.
Ocala (zip 34470) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Ocala (zip 34470)
- The Sales Tax Rate for Ocala (zip 34470) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ocala (zip 34470) 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 Ocala (zip 34470)
- The average income of a Ocala (zip 34470) resident is $24,458 a year. The US average is $37,638 a year.
- The Median household income of a Ocala (zip 34470) resident is $43,308 a year. The US average is $69,021 a year.