Pace, FL is an attractive city located in Northwest Florida. It is known for its friendly community and low cost of living. The average rent for a two-bedroom apartment in Pace is $1,170 per month which is significantly lower than the national average of $1,430. Additionally, grocery costs are generally around 99 compared to the US index of 100, making it an ideal location for individuals or families looking to save on monthly expenses. Notable businesses located in Pace are General Electric Aviation and Gulf Power Company, both of which employ hundreds of locals. Other local companies include Lowe's Home Improvement, Stonebrook Village Shopping Center, and Pace Air Center. With a combination of affordable housing costs and plenty of employment opportunities, Pace is an ideal place to call home.
Pace has an unemployment rate of 4.0%. The US average is 6.0%.
Pace 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 Pace
- The Sales Tax Rate for Pace is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pace 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 Pace
- The average income of a Pace resident is $26,421 a year. The US average is $28,555 a year.
- The Median household income of a Pace resident is $67,500 a year. The US average is $69,021 a year.