Baldwin, FL Economy


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Baldwin, FL is a wonderful place to live and work. It offers residents a lower cost of living than the national average, with 2 bedroom rentals for only $980 compared to the US average of $1,430. Additionally, grocery costs are slightly lower than the national average at 99 versus 100 in the US. There are plenty of businesses near Baldwin, such as Grocery Outlet and Shell Oil Company, that offer great services and products. The city also has several local restaurants like Red Dog Diner and Bourbon Street Seafood Bar & Grill that serve delicious food at reasonable prices. Overall, Baldwin provides an affordable place to live with many local amenities to enjoy.

Baldwin has an unemployment rate of 4.8%. The US average is 6.0%.

Baldwin has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.4%, which is higher than the US average of 33.5%.

Tax Rates for Baldwin
- The Sales Tax Rate for Baldwin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Baldwin 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 Baldwin
- The average income of a Baldwin resident is $15,231 a year. The US average is $28,555 a year.
- The Median household income of a Baldwin resident is $45,588 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaldwin, FloridaUnited States
  4.86
  -3.9%-6.2%
  44.4%33.5%
  7.0%6.2%
  0.0%4.6%
  $23,833$37,638
  $45,588$69,021
  $57,303$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.2%6.8%
  5.2%10.0%
  6.7%2.5%
  18.1%11.0%
  4.5%4.8%
  2.4%0.8%
  1.0%1.9%
  3.8%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  5.3%4.2%
  2.3%9.3%
  18.1%14.0%
  1.9%2.1%
  9.9%7.0%
  3.4%4.8%
  4.2%4.7%
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