Valparaiso, FL Economy


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Valparaiso, FL is a small town located in the heart of Florida with a friendly community. It is known for its excellent schools, stunning parks, and ample shopping opportunities. With its mild climate and natural beauty, it offers something for everyone. Renting a two bedroom apartment in Valparaiso costs $1,410 compared to the US average of $1,430 making it an affordable option for those looking to settle down in the area. The grocery cost index in Valparaiso is also lower than the national average at 99 versus 100. Local businesses such as Stokley Farms Produce Market offer fresh fruits and vegetables while shops like The Art Store provide unique items to make any space special. Overall, Valparaiso is an excellent place to live with plenty of activities and opportunities for families to enjoy!

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

Valparaiso has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.

Tax Rates for Valparaiso
- The Sales Tax Rate for Valparaiso is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Valparaiso 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 Valparaiso
- The average income of a Valparaiso resident is $27,538 a year. The US average is $28,555 a year.
- The Median household income of a Valparaiso resident is $69,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValparaiso, FloridaUnited States
  46
  -3.4%-6.2%
  46.2%33.5%
  6.5%6.2%
  0.0%4.6%
  $34,873$37,638
  $69,750$69,021
  $78,125$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  9.5%6.8%
  1.8%10.0%
  2.2%2.5%
  18.0%11.0%
  1.8%4.8%
  0.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.9%1.9%
  8.7%7.6%
  0.0%0.1%
  5.8%4.2%
  2.2%9.3%
  10.8%14.0%
  4.5%2.1%
  11.2%7.0%
  3.4%4.8%
  18.1%4.7%
Reviews for Valparaiso
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Quiet little town at the front gate of Eglin Air Force Base. Although the property values have gone through the roof in the last 10 years it is a wonderful place to  More

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