Zip 32970 (Wabasso, FL) Economy


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32970 Wabasso, FL is a small beach town located on the Atlantic Coast in Indian River County. The town offers access to beautiful beaches, great fishing spots, and plenty of outdoor activities like surfing and swimming. The population is around 2,000 people and the median household income is $48,281. The 2 bedroom rent in 32970 Wabasso is $1,270 compared to the US average of $1,430. The Grocery Cost Index in this area is 99 versus 100 in the US on average. The general cost of living in this area is reasonable with plenty of local businesses such as Beachside Chiropractic & Wellness Center, Sunshine State Property Solutions, and Wabasso Beach Resort for residents to choose from.

Wabasso (zip 32970) has an unemployment rate of 5.2%. The US average is 6.0%.

Wabasso (zip 32970) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.

Tax Rates for Wabasso (zip 32970)
- The Sales Tax Rate for Wabasso (zip 32970) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wabasso (zip 32970) 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 Wabasso (zip 32970)
- The average income of a Wabasso (zip 32970) resident is $11,789 a year. The US average is $37,638 a year.
- The Median household income of a Wabasso (zip 32970) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWabasso, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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