Feb 22 7:59 EST

Cost of Living

The price level index is an ideal measure of cost of living and quality of life. Here is how Pasco County compares with surrounding counties:

Hernando      96.90
Pasco      98.84
Manatee    101.48
Sarasota      99.49
Pinellas      99.60
Hillsborough    101.55
Florida State Average    100.00

* Source: Bureau of Economic & Business Research - 2010 Florida Price Level Index

State, County and Sales Tax
One of the many benefits for both Florida residents and corporations is the low tax rate.

  • State corporate income taxes 5.5%
  • Retail sales tax (Pasco County) 7.0%
  • State personal income tax  none
  • Ad Valorem Millage Rate (2010) 16.3672

 
Five Year Business Growth (2005 - 2010) as tracked by PEDC

  • Expansions/Relocations  93
  • New Square Footage Created  1,384,164
  • Absorption of Existing Square Footage  796,631
  • Jobs   2,293
  • Capital Investment  $227.5 million

2009/2010 Fiscal Year Growth (as of 10/10)

  • Expansions/Relocations  15
  • New Square Footage Created  123,400
  • Absorption of Existing Square Footage  45,960
  • Jobs   321
  • Capital Investment  $21.1 million

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