Zip 32778 (Tavares, FL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Tavares, FL zip code 32778 is a beautiful city in the state of Florida. It offers affordability with a two bedroom rental rate of $1,300 versus the US average of $1,430. In addition to affordability, Tavares has a low grocery cost index at 100 compared to the US average of 100. This makes it an ideal area for many families looking for an affordable place to live. Many local companies and businesses can be found in Tavares including M&M Networks Inc., Health Care Solutions Strategies LLC., Horizon Property Services LLC., Hunter's Construction & Maintenance LLC., and S&W Classic Car. These local establishments offer multiple services ranging from network solutions to car maintenance. With its low cost of living and many local resources, Tavares is an excellent place to call home.

Tavares (zip 32778) has an unemployment rate of 5.3%. The US average is 6.0%.

Tavares (zip 32778) 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 51.2%, which is higher than the US average of 33.5%.

Tax Rates for Tavares (zip 32778)
- The Sales Tax Rate for Tavares (zip 32778) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tavares (zip 32778) 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 Tavares (zip 32778)
- The average income of a Tavares (zip 32778) resident is $22,930 a year. The US average is $28,555 a year.
- The Median household income of a Tavares (zip 32778) resident is $52,076 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTavares, FloridaUnited States
  5.36
  -10.2%-6.2%
  51.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $34,513$37,638
  $52,076$69,021
  $69,538$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  6.5%6.8%
  5.9%10.0%
  1.8%2.5%
  11.4%11.0%
  3.2%4.8%
  0.3%0.8%
  2.0%1.9%
  2.1%4.7%
  2.7%1.9%
  7.4%7.6%
  0.6%0.1%
  5.8%4.2%
  6.4%9.3%
  22.6%14.0%
  2.4%2.1%
  7.3%7.0%
  4.2%4.8%
  5.5%4.7%
Health