Freeport, FL is a beautiful coastal town located in the north-western part of Florida. It has long been known for its diverse and affordable housing options, with 2 bedroom rents at $1,180 compared to the US average of $1,430. Freeport is also known for its strong job market and low cost of living. The Grocery Cost Index in Freeport is 101 compared to 100 in the US.
Some local companies in Freeport include Shipwreck Island Waterpark, which offers outdoor activities such as swimming pools, water slides and more; Precision Air Conditioning and Heating which provides quality heating and air conditioning services; Seckinger’s Flooring & Carpet which offers a wide range of flooring materials; and Gulf Coast Printing & Graphics which specializes in print design services. All these businesses offer excellent service to their customers while providing valuable jobs to the local community.
Freeport has an unemployment rate of 4.2%. The US average is 6.0%.
Freeport has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 50.6%, which is higher than the US average of 33.5%.
Tax Rates for Freeport
- The Sales Tax Rate for Freeport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Freeport 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 Freeport
- The average income of a Freeport resident is $21,725 a year. The US average is $28,555 a year.
- The Median household income of a Freeport resident is $75,637 a year. The US average is $69,021 a year.