Suwannee County, FL Economy


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United States / Florida / No Metro Area / Suwannee County / Cities / Zip Codes
Suwannee County in Florida is a great place to call home. It has a cost of living index that is lower than the national average, with 2 bedroom rent being only $840 compared to the US average of $1,430. While groceries may be slightly more expensive than the US average with an index of 97 versus 100, it is still a very affordable county overall. The county also boasts many local small businesses like a farmers market and antique store that have been in the area for generations. Plus, there are plenty of restaurants and shops that cater to every taste and budget. Suwannee County is definitely worth discovering!

Suwannee County has an unemployment rate of 4.8%. The US average is 6.0%.

Suwannee County has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Suwannee County
- The Sales Tax Rate for Suwannee County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Suwannee County 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 Suwannee County
- The average income of a Suwannee County resident is $18,966 a year. The US average is $28,555 a year.
- The Median household income of a Suwannee County resident is $47,218 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySuwannee, FloridaUnited States
  4.86
  -5.0%-6.2%
  25.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $24,302$37,638
  $47,218$69,021
  $56,412$85,028
  Population by Occupation
  5.4%1.2%
  0.2%0.5%
  7.4%6.8%
  8.0%10.0%
  1.9%2.5%
  17.4%11.0%
  3.6%4.8%
  0.9%0.8%
  0.7%1.9%
  2.9%4.7%
  1.6%1.9%
  2.2%7.6%
  0.0%0.1%
  4.7%4.2%
  9.9%9.3%
  12.0%14.0%
  0.9%2.1%
  8.3%7.0%
  4.4%4.8%
  7.6%4.7%
Health