Tallahassee, Florida is a great place to live for those seeking an affordable lifestyle. The average two bedroom rent in Tallahassee is $1,260, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Tallahassee is 97 compared to 100 nationally. This means living expenses are relatively low in this city. There are many notable local companies in Tallahassee including Publix Super Markets, Inc., Capital City Bank Group Inc., and the St Joe Company. These companies are major contributors to the economy of this city and provide many employment opportunities for local citizens.
Tallahassee has an unemployment rate of 5.1%. The US average is 6.0%.
Tallahassee has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Tallahassee
- The Sales Tax Rate for Tallahassee is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Tallahassee is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tallahassee
- The average income of a Tallahassee resident is $23,942 a year. The US average is $28,555 a year.
- The Median household income of a Tallahassee resident is $49,077 a year. The US average is $69,021 a year.