Glencoe, FL is a charming town situated near some of Florida's major cities. It is an ideal place to live due to its close proximity to beaches, shopping centers and restaurants. The average two bedroom rent in Glencoe is $1,400 which is slightly more affordable than the US average rent of $1,430. Grocery costs are also very affordable with the Grocery Cost Index being 101 versus 100 in the US. Local companies such as Walmart, Publix, and Winn-Dixie offer excellent grocery options for residents. Residents of Glencoe can also enjoy shopping at popular stores such as Target and Old Navy located nearby. With its low rental rates and grocery prices, Glencoe is a great choice for anyone looking for an affordable place to call home.
Glencoe has an unemployment rate of 5.1%. The US average is 6.0%.
Glencoe has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Glencoe
- The Sales Tax Rate for Glencoe is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Glencoe 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 Glencoe
- The average income of a Glencoe resident is $29,501 a year. The US average is $28,555 a year.
- The Median household income of a Glencoe resident is $66,711 a year. The US average is $69,021 a year.