Zip 32127 (Port Orange, FL) Economy


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Port Orange, FL, is an ideal location for those looking for a more affordable place to live. The two bedroom rent in this area is only $1,430 which is the same as the US average according to https://www.rentcafe.com/average-rent-market-trends/us/fl/port-orange/. Most necessary expenses such as groceries are also lower compared to other places with its local grocery cost index rate of 101 against the US rate of 100.
Other than rent and groceries, one can find several notable companies in Port Orange like Apopka Marine Inc., Appliance Parts Pros, Putnam Mitsubishi & Nissan and S J Henderson Landscaping Company that provide great opportunities for employment. Other cost of living factors to consider in Port Orange are utilities which include electricity, gas, water and sewage typically costing around $235 per month and transportation costs including fuel, car payments and maintenance estimated to be around $2-$3K per year.

Port Orange (zip 32127) has an unemployment rate of 4.2%. The US average is 6.0%.

Port Orange (zip 32127) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Port Orange (zip 32127)
- The Sales Tax Rate for Port Orange (zip 32127) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Port Orange (zip 32127) 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 Port Orange (zip 32127)
- The average income of a Port Orange (zip 32127) resident is $28,136 a year. The US average is $28,555 a year.
- The Median household income of a Port Orange (zip 32127) resident is $57,760 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Orange, FloridaUnited States
  4.26
  -5.8%-6.2%
  43.4%33.5%
  6.5%6.2%
  0.0%4.6%
  $37,789$37,638
  $57,760$69,021
  $75,303$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  8.4%6.8%
  4.8%10.0%
  2.9%2.5%
  12.7%11.0%
  3.0%4.8%
  0.3%0.8%
  1.1%1.9%
  4.4%4.7%
  3.0%1.9%
  6.4%7.6%
  0.1%0.1%
  6.2%4.2%
  8.2%9.3%
  13.7%14.0%
  3.6%2.1%
  9.7%7.0%
  6.1%4.8%
  4.8%4.7%
Health