Gainesville Metro Area, FL Economy


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United States / Florida / Gainesville Metro Area / Counties / Cities / Zip Codes
Gainesville, FL Metro Area is a great place to live for many reasons. Located in North Central Florida, it offers access to both beautiful beaches and natural landscapes. One of the key draws for potential residents is the affordable housing market – with 2 bedroom rentals averaging around $1,100 compared to the US average of $1,430. Additionally, Gainesville has a cost-of-living index of 99 compared to the national average of 100, making it an economical choice. There are also plenty of local businesses and attractions that make living in Gainesville exciting. From museum hopping at the Harn Museum or Matheson Museum to cheering on University of Florida Gator sports teams at Ben Hill Griffin Stadium, there are lots for locals and visitors alike to explore. There are also local companies like Exactech Inc., UF Health Shands Hospital and Infinite Energy Center offering employment opportunities for those looking for work in Gainesville.

Gainesville Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.

Gainesville Metro Area has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.

Tax Rates for Gainesville Metro Area
- The Sales Tax Rate for Gainesville Metro Area is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gainesville Metro Area 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 Gainesville Metro Area
- The average income of a Gainesville Metro Area resident is $24,737 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville Metro Area resident is $51,755 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, FloridaUnited States
  46
  -5.2%-6.2%
  40.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $30,955$37,638
  $51,755$69,021
  $72,496$85,028
  Population by Occupation
  1.3%1.2%
  0.2%0.5%
  5.4%6.8%
  4.4%10.0%
  1.4%2.5%
  11.4%11.0%
  2.8%4.8%
  0.8%0.8%
  1.5%1.9%
  2.8%4.7%
  1.9%1.9%
  6.1%7.6%
  0.1%0.1%
  3.6%4.2%
  18.7%9.3%
  16.9%14.0%
  2.1%2.1%
  8.9%7.0%
  4.7%4.8%
  5.2%4.7%
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