Located in Seminole County, Oviedo is a city in Central Florida that has a population of approximately 36,000 people. This suburb of Orlando offers a variety of local businesses, including high-tech companies such as Microsoft, Siemens, and Lockheed Martin. Additionally, the city is home to smaller companies offering unique services within the area. The cost of living in Oviedo is slightly higher than the national average; for example, a two-bedroom rental averages around $1,750 per month compared to $1,430 nationally. Grocery costs are also slightly elevated at 104 compared to 100 on the US cost index. Salaries in Oviedo range from $25K for entry-level positions to over $100K for more experienced roles within larger organizations like Microsoft or Lockheed Martin. With its desirable location near Orlando and 4 major highways nearby (SR 417 Tollway Expressway Extension, SR 426 Wekiva Parkways Extension, SR 408 East-West Expressway Extension), this city has become an attractive option for many professionals looking for career opportunities or simply a place to settle down with their families.
Oviedo (zip 32765) has an unemployment rate of 4.1%. The US average is 6.0%.
Oviedo (zip 32765) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 50.5%, which is higher than the US average of 33.5%.
Tax Rates for Oviedo (zip 32765)
- The Sales Tax Rate for Oviedo (zip 32765) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oviedo (zip 32765) 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 Oviedo (zip 32765)
- The average income of a Oviedo (zip 32765) resident is $29,487 a year. The US average is $28,555 a year.
- The Median household income of a Oviedo (zip 32765) resident is $88,156 a year. The US average is $69,021 a year.