The city of Venice, FL is a small town with a population of 34,292. Rent for a two-bedroom apartment in this area is $1,730 per month. This is slightly more expensive than the average US 2 bedroom rent of $1,430 per month. The grocery cost index for this area is 107 versus 100 in the US, meaning that groceries are slightly more expensive than the national average.
There are many local companies in Venice that have an effect on rental prices. For example, tourism plays an important role in driving up rental rates as visitors from around the country come to enjoy the beautiful beaches and attractions that Venice has to offer. Construction and development companies also have an influence on rent costs as new, high-end residential units are built and filled with tenants who want to live near these attractions. Other major employers in Venice include JCF Healthcare Services, Beach Side Health Care, and Sarasota Memorial Hospital which draw highly paid professionals looking for housing near their place of work. All of these factors contribute to making rental prices higher than the national average in this small town but also provide a comfortable living experience for its residents.
Venice (zip 34292) has an unemployment rate of 4.5%. The US average is 6.0%.
Venice (zip 34292) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Venice (zip 34292)
- The Sales Tax Rate for Venice (zip 34292) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Venice (zip 34292) 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 Venice (zip 34292)
- The average income of a Venice (zip 34292) resident is $34,695 a year. The US average is $28,555 a year.
- The Median household income of a Venice (zip 34292) resident is $74,136 a year. The US average is $69,021 a year.