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Lakeland, FL Economy


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Lakeland, FL is a great city to live and work in. Located between Tampa and Orlando, it's only a short drive to many major cities. The cost of living in Lakeland is quite reasonable; for example, the average 2 bedroom rent is $1,240 compared to the US average of $1,430. It鈥檚 also cheaper to grocery shop in Lakeland than other areas across America; the Grocery Cost Index for Lakeland is 103 versus 100 in the US. Local companies that make up the economy of Lakeland range from large corporations such as Publix Super Markets and Florida Power & Light Company to smaller companies like C&L Air Conditioning Services and McLaughlin Sales & Service.

Lakeland has an unemployment rate of 5.6%. The US average is 6.0%.

Lakeland has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Lakeland
- The Sales Tax Rate for Lakeland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Lakeland
- The average income of a Lakeland resident is $30,741 a year. The US average is $37,638 a year.
- The Median household income of a Lakeland resident is $52,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeland, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Lakeland
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Over 4 years ago

I used to live in Lakeland, It is hot, humid, crowded and getting more crowded, Most of the people are rude and unfriendly. I was born in the area and visit sometimes to  More

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Over 4 years ago

been there a few times i love it and i a m planning to ove this  More

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Over 7 years ago

Perhas if one is from this area, it is different I don't know. It is so dull and seems comfortable being so. There isn't much of a variety of people here, which I   More

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