Ocoee, FL (zip code 34761) is a thriving city located in Orange county with an estimated population of 41,000. The average 2-bedroom rental rate here is $1790 per month, which is significantly higher than the US national average of $1430. The grocery cost index for Ocoee is also higher than the US average and stands at 102. This could indicate that the living costs in Ocoee are slightly higher than in other regions.
Ocoee is home to several businesses such as J&J Auto Repair and Advanced Pest Control Services, among others. For leisure and shopping activities, there are a plethora of local stores such as Big Lots, Super Target, Walmart Super Center and Publix Super Market. All these factors contribute to making Ocoee a desirable place to live in.
Overall, the cost of living in Ocoee is slightly higher than in other parts of Florida but still deemed as affordable by many people. Accommodation costs may vary depending on individual preferences but there are plenty of options available within different price ranges. Groceries can also add up quickly if not carefully monitored but luckily there are plenty of local stores for finding your daily necessities at decent prices.
Ocoee (zip 34761) has an unemployment rate of 4.4%. The US average is 6.0%.
Ocoee (zip 34761) has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 52.4%, which is higher than the US average of 33.5%.
Tax Rates for Ocoee (zip 34761)
- The Sales Tax Rate for Ocoee (zip 34761) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ocoee (zip 34761) 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 Ocoee (zip 34761)
- The average income of a Ocoee (zip 34761) resident is $31,826 a year. The US average is $37,638 a year.
- The Median household income of a Ocoee (zip 34761) resident is $80,786 a year. The US average is $69,021 a year.