East Palatka, FL Economy


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East Palatka, FL is a great place to live. With two bedroom rents averaging about $1,540 per month and a grocery cost index of 98 compared to the US average of 100, it's an affordable place to set up residence. The city has plenty to offer in terms of local businesses. There are several restaurants such as Ryan's Steakhouse and Seafood, Palatka Fish Camp, Canoe Creek Sports Bar and Grill, and China Express. Additionally, there are other retail stores like Big Lots and Walmart Supercenter for all your shopping needs. There is also a movie theater showing all the latest releases for entertainment. With its variety of amenities East Palatka is sure to not disappoint!

East Palatka has an unemployment rate of 6.3%. The US average is 6.0%.

East Palatka has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for East Palatka
- The Sales Tax Rate for East Palatka is 7.0%. The US average is 7.3%.
- The Income Tax Rate for East Palatka 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 East Palatka
- The average income of a East Palatka resident is $14,572 a year. The US average is $28,555 a year.
- The Median household income of a East Palatka resident is $57,647 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Palatka, FloridaUnited States
  6.36
  -3.9%-6.2%
  25.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $46,049$37,638
  $57,647$69,021
Family Median Income 85028
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