Navarre Beach, FL Economy


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Navarre Beach, FL is a beautiful coastal town located on the Gulf of Mexico in Northwest Florida. The beach is known for its white sand beaches and emerald waters. It is also known for its diverse wildlife; from sea turtles to seagulls, visitors will have plenty of opportunities to capture the beauty of nature. Additionally, Navarre Beach is home to many unique local companies such as the Emerald Coast Winery and the Navarre Beach Pier. These businesses offer visitors a chance to explore local culture and find something special to take back home. Aside from its business offerings, Navarre Beach has an array of outdoor activities such as fishing, boating, kayaking and swimming that make it an ideal destination for anyone looking to get away from it all. Furthermore, with 2 bedroom rent being lower than average US rent at $1,580 and a grocery cost index higher than the US at 102 versus 100 respectively, Navarre Beach could be a highly sought after location for those who want to enjoy their vacation while still keeping costs low.

Navarre Beach has an unemployment rate of 4.0%. The US average is 6.0%.

Navarre Beach has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.

Tax Rates for Navarre Beach
- The Sales Tax Rate for Navarre Beach is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Navarre Beach 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 Navarre Beach
- The average income of a Navarre Beach resident is $64,265 a year. The US average is $28,555 a year.
- The Median household income of a Navarre Beach resident is $111,130 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNavarre Beach, FloridaUnited States
  46
  -3.5%-6.2%
  43.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $59,496$37,638
  $111,130$69,021
  $112,147$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.6%6.8%
  3.1%10.0%
  1.5%2.5%
  6.9%11.0%
  7.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.5%4.7%
  3.9%1.9%
  24.5%7.6%
  0.0%0.1%
  6.3%4.2%
  1.8%9.3%
  12.4%14.0%
  0.0%2.1%
  27.4%7.0%
  1.6%4.8%
  0.0%4.7%
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