May 24 8:56 EDT

Cost of Living

Compare average wages and the cost of living index for Tampa Bay, Florida. Here is how Pasco County compares with surrounding counties:

The price level index is an ideal measure of cost of living and quality of life.

Hernando      97.00
Pasco      98.93
Manatee    102.02
Sarasota      99.66
Pinellas      99.89
Hillsborough    101.65
Florida State Average    100.00

* Source: Bureau of Economic & Business Research - 2011 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 (2012) 16.2996

 
Five Year Business Growth (2007 - 2012) as tracked by PEDC

  • Expansions/Relocations  89
  • New Square Footage Created  1,187,421
  • Absorption of Existing Square Footage  614,496
  • Jobs   2,652
  • Capital Investment  $750.2 million


2011/2012 Fiscal Year Growth

  • Expansions/Relocations  34
  • New Square Footage Created  13,000
  • Absorption of Existing Square Footage  277,264
  • Jobs   382
  • Capital Investment  $35.4 million

    2012/2013 Fiscal Year Growth (as of 1/18/13)
  • Expansions/Relocations:  5
  • New Square Footage Created:  0
  • Absorption of Existing Square Footage  121,900
  • Jobs   148
  • Capital Investment  $8.2 million
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