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Seminole County · Florida · South · 41k residents

Oviedo, FL: economy, jobs & business costs

The site-selection read on Oviedo: 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 $1,308/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.

Compare Oviedo side by side

Avg. weekly wage

$1,308/wk

≈ US median

Corporate income tax

5.5%

lower than 64% of US cities

Bachelor's degree or higher

55.5%

+67% vs state medianhigher than 84% of US cities

Commercial electricity

11.0¢/kWh

cheaper than 64% of US cities

Economic momentum

How fast Oviedo's economy is moving, ranked against the US cities we track.

55/100

Steady

Jobs: +0.5% (near US average)
Momentum holding · over 4 yr

Ranks Oviedo's 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.

All facets · Oviedo
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Real listings in Oviedo

LoopNetCrexiCommercialCafe

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Questions & answers
Is Oviedo 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 $1,308/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 Oviedo, FL?
Oviedo indexes at 112 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,847/mo and a acs median home value of $454,000.
How much does a house cost in Oviedo?
The acs median home value in Oviedo is $454,000 (Census ACS estimate; individual listings vary).
How much is rent in Oviedo?
A two-bedroom in Oviedo rents for about $1,847/mo.