Zip 32831 (Orlando, FL) Economy


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Orlando, FL (32831) is a great place to live with its vibrant cultural scene and abundance of entertainment options. Local companies such as Lockheed Martin, AdventHealth Orlando, and Darden Restaurants are just a few of the many businesses that make Orlando their home. The rent for a two-bedroom apartment in this area is $1,850, just slightly above the national average of $1,430. In addition to rental prices, grocery costs in Orlando are at 99 index compared to the 100 index rate in the US. Overall, Orlando provides an affordable cost of living that makes this vibrant city desirable to many.

Orlando (zip 32831) has an unemployment rate of 5.5%. The US average is 6.0%.

Orlando (zip 32831) has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for Orlando (zip 32831)
- The Sales Tax Rate for Orlando (zip 32831) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Orlando (zip 32831) 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 Orlando (zip 32831)
- The average income of a Orlando (zip 32831) resident is $3,673 a year. The US average is $28,555 a year.
- The Median household income of a Orlando (zip 32831) resident is $41,094 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrlando, FloridaUnited States
  5.56
  -10.5%-6.2%
  50.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $3,974$37,638
  $41,094$69,021
Family Median Income 85028
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