Cinco Bayou, FL is a small town located in the Florida Panhandle. It offers great outdoor activities such as hiking, fishing and swimming with its many parks, including Cinco Bayou Park, Moss Park, and Opal Beach. There are also several local businesses to explore such as the Farmer’s Market, The Donut Shack and Jack’s Hardware Store. The 2 Bedroom Rent in Cinco Bayou is slightly lower than the US average at $1,410 compared to $1,430 and the Grocery Cost Index is identical at 100. This makes it an attractive place to live for those looking for a more affordable living option.
Cinco Bayou has an unemployment rate of 4.0%. The US average is 6.0%.
Cinco Bayou has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.
Tax Rates for Cinco Bayou
- The Sales Tax Rate for Cinco Bayou is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cinco Bayou 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 Cinco Bayou
- The average income of a Cinco Bayou resident is $35,119 a year. The US average is $28,555 a year.
- The Median household income of a Cinco Bayou resident is $69,013 a year. The US average is $69,021 a year.