Starke, FL Economy


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United States / Florida / No Metro Area / Bradford County / Starke / Zip Codes
Starke, FL is a small town located in North Central Florida. It has a population of approximately 5,000 people and offers an affordable cost of living. The average rent for a two bedroom apartment is $920, which is significantly lower than the national average of $1,430. In addition to rent costs being lower than many other towns, the Grocery Cost Index in Starke is 96 versus 100 in the US. This means that groceries are relatively affordable for residents compared to most places in the US. There are several local businesses such as Allen's Store & Crafts, C & S Automotive Repair and Bill Adams Construction Co Inc that provide employment opportunities for residents and visitors alike. All this contributes to what makes Starke a great place to live with an attractive cost of living.

Starke has an unemployment rate of 4.3%. The US average is 6.0%.

Starke has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Starke
- The Sales Tax Rate for Starke is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Starke 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 Starke
- The average income of a Starke resident is $21,297 a year. The US average is $28,555 a year.
- The Median household income of a Starke resident is $43,339 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStarke, FloridaUnited States
  4.36
  -4.0%-6.2%
  40.5%33.5%
  7.0%6.2%
  0.0%4.6%
  $20,614$37,638
  $43,339$69,021
  $48,357$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  8.0%10.0%
  0.7%2.5%
  16.3%11.0%
  6.2%4.8%
  3.7%0.8%
  2.1%1.9%
  1.7%4.7%
  4.7%1.9%
  4.2%7.6%
  0.0%0.1%
  11.1%4.2%
  4.2%9.3%
  20.5%14.0%
  0.0%2.1%
  3.8%7.0%
  3.6%4.8%
  6.4%4.7%
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