Limestone, FL is a small town located in northwest Florida near the Georgia border. With a population just over 1,500 people, this rural area offers the peace and tranquility of a small town lifestyle. The cost of living in Limestone is very attractive when compared to other parts of the United States. For example, renting a two bedroom apartment in Limestone costs an average of $940 per month which is significantly lower than the national average rent for two bedrooms at $1,430. Similarly, groceries in Limestone are slightly cheaper than elsewhere with an index rating 101 versus 100 in the US.
Local businesses in Limestone include Happy Valley Farms and Taylor Grocery Store where you can find fresh produce and other items that you need for daily life. If you're looking for some entertainment or relaxation there's Eddie's Pub & Grill as well as nearby parks like West Bay Creek Park and Ochlockonee River State Park. All these local businesses provide an enriching experience to the community while keeping costs manageable for residents.
Limestone has an unemployment rate of 5.2%. The US average is 6.0%.
Limestone has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Limestone
- The Sales Tax Rate for Limestone is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Limestone 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 Limestone
- The average income of a Limestone resident is $28,338 a year. The US average is $37,638 a year.
- The Median household income of a Limestone resident is $0 a year. The US average is $69,021 a year.