Jasper, FL is a small city located in the heart of Florida. With a population of approximately 2,000 people, Jasper offers a peaceful lifestyle with all the amenities that one could desire. The cost of living in Jasper is significantly lower than the national average with rent for a two-bedroom apartment being $840 per month compared to a national average of $1,430. Grocery costs are also considerably cheaper in Jasper as evidenced by its grocery cost index rating of 96 versus the US's rating of 100.
The local economy is supported by several businesses including Gadsden Paint Manufacturing Company which produces paints and stains for residential and commercial customers as well as King Lumber & Supply Co., which offers lumber and building materials to contractors and homeowners alike. These businesses provide employment opportunities and contribute to the local economy through taxes and other fees they pay. In addition, their products serve to improve the local community through providing quality materials that can be used for construction projects.
Jasper has an unemployment rate of 6.1%. The US average is 6.0%.
Jasper has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Jasper
- The Sales Tax Rate for Jasper is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jasper 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 Jasper
- The average income of a Jasper resident is $5,885 a year. The US average is $28,555 a year.
- The Median household income of a Jasper resident is $35,720 a year. The US average is $69,021 a year.