Lake County · Florida · South · 22k residents
Groveland, FL: economy, jobs & business costs
The site-selection read on Groveland: labor costs, talent, corporate tax, energy, and business activity, with the Florida median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,040/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare Groveland side by side
Avg. weekly wage
$1,040/wk
Corporate income tax
5.5%
Bachelor's degree or higher
38.8%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Groveland's economy is moving, ranked against the US cities we track.
68/100
Heating
Ranks Groveland's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $365,800 |
| Price per sq. ft. | $260 |
| Property tax rate | 0.8% |
| 1-bedroom rent | $940/mo |
| 2-bedroom rent | $2,078/mo |
| State & local income tax | 0% |
| Sales tax | 7% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,040/wk |
| Bachelor's degree or higher | 38.8% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 24.7/1k |
| Wage: Software developer | $129,620 |
| Wage: Registered nurse | $83,550 |
| Wage: General manager | $100,440 |
| Wage: Customer service | $40,530 |
| Wage: Warehouse worker | $36,400 |
| Wage: Heavy truck driver | $50,250 |
| Wage: Electrician | $50,820 |
| Wage: Retail salesperson | $32,290 |
| Cost of living index | 110 |
| Groceries index | 103 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.25/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,000/mo |
| Median household income | $100,226 |
| Unemployment rate | 3.3% |
| Population | 22k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 92/100 |
| Avg. commute | 28 min |
| Sunny days / year | 240 days |
| July high | 94°F |
| January low | 49°F |
| Annual snowfall | 0 in |
| Home price YoY | -4.2% |
| Home price MoM | -0.3% |
| Rent YoY | +3.0% |
| Rent MoM | +0.6% |
| Employment (jobs) YoY | +1.0% |
| Building permits YoY | +11.7% |
| Ocean coast | 52 mi |
| Big lake | 130 mi |
| Mountains | 412 mi |
| Major airport | 36 mi |
| Ski resort | 495 mi |
Popular comparisons
Nearby
- Clermont, FL · 47k
- Leesburg, FL · 31k
- Winter Garden, FL · 48k
- Horizon West, FL · 67k
- Ocoee, FL · 49k
Similar size
- Sunny Isles Beach, FL · 22k
- Midway CDP (Santa Rosa County), FL · 21k
- Holiday, FL · 23k
- Hunters Creek, FL · 23k
- DeBary, FL · 23k
Real listings in Groveland
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Groveland a good place to run a business?
- Florida's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $1,040/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Groveland, FL?
- Groveland indexes at 110 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,078/mo and a acs median home value of $365,800.
- How much does a house cost in Groveland?
- The acs median home value in Groveland is $365,800 (Census ACS estimate; individual listings vary).
- How much is rent in Groveland?
- A two-bedroom in Groveland rents for about $2,078/mo.