Sorrento, Florida (32776) is a great place to live. The 2 bedroom rent in the area is $1,660 compared to the US average of $1,430 - making it slightly more expensive than the national average. But what Sorrento provides in return is worth it. There are many local companies such as Publix grocery store, CVS Pharmacy, and Walmart which all contribute to the Grocery Cost Index of 102 for the area versus 100 in the US. Apart from these businesses there are plenty of amenities available including restaurants, parks, libraries and recreation centers. Residents can also take advantage of nearby attractions such as Disney World and Universal Studios just an hour away. With so much to offer, Sorrento makes for an ideal place to call home!
Sorrento (zip 32776) has an unemployment rate of 5.3%. The US average is 6.0%.
Sorrento (zip 32776) has seen the job market decrease by -10.2% over the last year. Future job growth over the next ten years is predicted to be 51.2%, which is higher than the US average of 33.5%.
Tax Rates for Sorrento (zip 32776)
- The Sales Tax Rate for Sorrento (zip 32776) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sorrento (zip 32776) 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 Sorrento (zip 32776)
- The average income of a Sorrento (zip 32776) resident is $36,035 a year. The US average is $37,638 a year.
- The Median household income of a Sorrento (zip 32776) resident is $77,476 a year. The US average is $69,021 a year.