West Palm Beach, FL 33401 is one of the most affordable places to live in South Florida. This area has plenty of resources for those looking to rent with many local companies offering competitive prices on two-bedroom rentals. The average two-bedroom rate in West Palm Beach is $1,920, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in this area is 105 compared to 100 nationwide. Renters looking for affordable housing should consider west Palm Beach with its low rental rates and lots of great amenities. Companies like Avesta Homes and Meyer Apartments are great options for anyone seeking an apartment in the area. With several locations throughout West Palm Beach, these companies provide housing that is affordable and comfortable. In addition to these companies, there are numerous other businesses that have apartments available at more than reasonable prices. West Palm Beach offers a fantastic rental market that can meet any budget or need whether you are looking for a one bedroom or a two bedroom unit.
West Palm Beach (zip 33401) has an unemployment rate of 5.0%. The US average is 6.0%.
West Palm Beach (zip 33401) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for West Palm Beach (zip 33401)
- The Sales Tax Rate for West Palm Beach (zip 33401) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Palm Beach (zip 33401) 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 West Palm Beach (zip 33401)
- The average income of a West Palm Beach (zip 33401) resident is $31,690 a year. The US average is $28,555 a year.
- The Median household income of a West Palm Beach (zip 33401) resident is $49,554 a year. The US average is $69,021 a year.