Sopchoppy, FL is a small town located in Florida's beautiful panhandle. It's known for its stunning natural landscape and outdoor activities, such as fishing and swimming. The cost of living there is quite low, with 2 bedroom rent averaging 1000 dollars per month, which is significantly lower than the US average of 1430 dollars. The grocery cost index in Sopchoppy is also lower than the national average at 96 versus 100. Local companies include Sopchoppy Diner, a family-run restaurant serving up delicious homestyle meals; and J&R Auto Repair, an experienced automotive repair shop that provides quality services.
Sopchoppy has an unemployment rate of 3.6%. The US average is 6.0%.
Sopchoppy has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Sopchoppy
- The Sales Tax Rate for Sopchoppy is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sopchoppy 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 Sopchoppy
- The average income of a Sopchoppy resident is $21,555 a year. The US average is $28,555 a year.
- The Median household income of a Sopchoppy resident is $55,000 a year. The US average is $69,021 a year.