Gainesville, FL is a vibrant city with many desirable amenities. Residents enjoy a variety of recreational activities as well as numerous local businesses. Notable companies in Gainesville include the University of Florida, Shands Hospital, Santa Fe College, and the Ayers Group. The city's two-bedroom rental market is reasonably priced compared to other parts of the US, with average monthly rates around $1,170. In addition to affordable housing, Gainesville also features lower than average grocery costs compared to other locations around the country—the Grocery Cost Index in Gainesville is 99 versus 100 in other parts of the US.
Gainesville has an unemployment rate of 4.4%. The US average is 6.0%.
Gainesville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Gainesville
- The Sales Tax Rate for Gainesville is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gainesville 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 Gainesville
- The average income of a Gainesville resident is $19,615 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville resident is $40,937 a year. The US average is $69,021 a year.