Ocala, Florida (34475) is a great place to live with affordable housing costs. The median 2-bedroom rent in Ocala is $910 per month compared to the U.S.'s median of $1,430 per month. Additionally, the grocery cost index in Ocala is 96, slightly lower than the U.S.'s index of 100. This makes Ocala an affordable place to live for both residents and visitors alike.
The city of Ocala also offers plenty of local businesses and amenities for its inhabitants. Popular restaurants like Sakura Japanese Steakhouse, First Watch Cafe, Olive Garden, and Chili’s Grill & Bar can all be found throughout the city. Shopping centers like Paddock Mall and Appleton Museum of Art are popular spots for locals to enjoy while stores such as Lowe’s Home Improvement offer plenty of home supplies for area residents. Other amenities like Silver Springs State Park, Rainbow Springs State Park, and Tuscawilla Park provide great outdoor activities to explore around the city.
Ocala (zip 34475) has an unemployment rate of 5.6%. The US average is 6.0%.
Ocala (zip 34475) has seen the job market increase by 2.3% 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 34475)
- The Sales Tax Rate for Ocala (zip 34475) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ocala (zip 34475) 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 34475)
- The average income of a Ocala (zip 34475) resident is $12,269 a year. The US average is $28,555 a year.
- The Median household income of a Ocala (zip 34475) resident is $27,421 a year. The US average is $69,021 a year.