Zip 32174 (Ormond Beach, FL) Economy


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Ormond Beach, FL is a great place to live in with its own unique charm. The small town of 32174 has a population of around 38,000 and is located just outside Daytona Beach. The 2 bedroom rent in Ormond Beach is only $1,290 compared to the US average of $1,430, making it a more affordable alternative. In addition, the local grocery cost index in the area is 102 versus 100 in the US indicating that groceries are slightly more expensive than average. \nFor those looking for employment opportunities in 32174 Ormond Beach, there are several local companies such as Banyan Bay Technologies, ProEdge Enterprises Inc., Hyun Solution Systems Inc., and many others offering various services for the community. Although the cost of living may be slightly higher than other places, the convenience provided by local businesses makes up for it.

Ormond Beach (zip 32174) has an unemployment rate of 4.2%. The US average is 6.0%.

Ormond Beach (zip 32174) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Ormond Beach (zip 32174)
- The Sales Tax Rate for Ormond Beach (zip 32174) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Ormond Beach (zip 32174) 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 Ormond Beach (zip 32174)
- The average income of a Ormond Beach (zip 32174) resident is $37,021 a year. The US average is $37,638 a year.
- The Median household income of a Ormond Beach (zip 32174) resident is $60,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrmond Beach, FloridaUnited States
  4.26
  -5.8%-6.2%
  44.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $37,021$37,638
  $60,911$69,021
  $76,709$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.0%6.8%
  4.6%10.0%
  1.5%2.5%
  12.1%11.0%
  2.7%4.8%
  0.8%0.8%
  1.9%1.9%
  4.2%4.7%
  5.1%1.9%
  6.2%7.6%
  0.1%0.1%
  6.6%4.2%
  8.5%9.3%
  18.0%14.0%
  1.8%2.1%
  10.7%7.0%
  4.5%4.8%
  3.4%4.7%
Reviews for Ormond Beach
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Over 16 years ago

During spring and fall, when there's no rain or hurricanes and the wind is blowing, the sun is shining and it's a nice 75 degrees. It's absolutely  More

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