Graceville, FL Economy


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United States / Florida / No Metro Area / Jackson County / Graceville / Zip Codes
Graceville, FL is a great place to live. It offers its residents a low cost of living with an average 2 bedroom rent being only $800. This is significantly lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Graceville is 93 compared to 100 in the US, meaning groceries are also more affordable here. Local businesses in Graceville include Romano's Pizza and Grill, The Bead Store and Silver & Steel Custom Jewelry, just to name a few. With its lower cost of living and local businesses, Graceville is an ideal place for those looking for affordable housing options and easy access to goods and services.

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

Graceville has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Graceville
- The Sales Tax Rate for Graceville is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Graceville 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 Graceville
- The average income of a Graceville resident is $15,077 a year. The US average is $28,555 a year.
- The Median household income of a Graceville resident is $33,400 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGraceville, FloridaUnited States
  4.86
  -1.1%-6.2%
  28.6%33.5%
  7.5%6.2%
  0.0%4.6%
  $26,805$37,638
  $33,400$69,021
  $45,096$85,028
  Population by Occupation
  0.0%1.2%
  1.0%0.5%
  15.5%6.8%
  3.3%10.0%
  0.0%2.5%
  8.8%11.0%
  6.2%4.8%
  2.4%0.8%
  0.0%1.9%
  0.0%4.7%
  1.8%1.9%
  1.9%7.6%
  0.0%0.1%
  5.1%4.2%
  19.4%9.3%
  14.7%14.0%
  0.7%2.1%
  8.4%7.0%
  4.2%4.8%
  6.6%4.7%
Reviews for Graceville
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I have not yet visited Graceville, but I would expect it to have a good quality of life and a nice calibre of citizens since it is home to the Baptist College of  More

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