Cost of Living in Pasco County- Price Level Index, Low Tax Rate, Business Relocation

The Price Level Index

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

• Hernando –
• Pasco –
• Manatee –
• Sarasota –
• Pinellas –
• Hillsborough –
• Florida State Average –

97.42
99.36
100.27
100.50
100.68
102.10

100.00

* Source: Bureau of Economic & Business Research - 2006 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 –
• Retail sales tax (Pasco County) –
• State personal income tax –
• Ad Valorem Millage Rate (2007) –

6.0%
7.0%
none
14.40

Five Year Business Growth (2002-2007) as tracked by the PEDC

• Expansions/Relocations -
• New Square Footage Created -
• Absorption of Existing Square Footage -
• Jobs -
• Capital Investment -

145
1,727,268
970,101
3,223
$202.5 million

2006/2007 Fiscal Year Growth (as of 11/07)

• Expansions/Relocations -
• New Square Footage Created -
• Absorption of Existing Square Footage -
• Jobs -
• Capital Investment -

26
454,819
176,771
494
$56.3 million