West Palm Beach, FL 33409 is a great place to live with a cost of living that is slightly higher than the US average. The 2 bedroom rent in this area is $1,840 per month which is significantly higher than the US average of $1,430. Grocery costs in this area are also slightly more expensive with an index of 103 versus 100 in US. Despite these differences, West Palm Beach provides some great job opportunities for its residents. Companies such as NextEra Energy, Florida Power & Light and PNC Bank are located here and offer competitive salaries for their employees. On average, NextEra Energy pays $66k annually, Florida Power & Light offers an average yearly salary of $68k and PNC Bank pays an average annual salary of $71k to its employees.
West Palm Beach (zip 33409) has an unemployment rate of 5.0%. The US average is 6.0%.
West Palm Beach (zip 33409) 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 33409)
- The Sales Tax Rate for West Palm Beach (zip 33409) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Palm Beach (zip 33409) 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 33409)
- The average income of a West Palm Beach (zip 33409) resident is $21,272 a year. The US average is $28,555 a year.
- The Median household income of a West Palm Beach (zip 33409) resident is $55,687 a year. The US average is $69,021 a year.