Green Cove Springs, FL Economy


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Green Cove Springs, FL is a small town located in Clay County, Florida. It is home to about 6,000 people and has a quaint downtown area with local businesses such as the Green Cove Springs Hardware Store, The Corner Bakery and Café, and Main Street Barbecue. The cost of living in Green Cove Springs is quite affordable. For example, the average 2 bedroom rent in Green Cove Springs is $1,250 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Green Cove Springs is 100 which matches the national average. The town's location makes it an ideal place for outdoor activities such as fishing and boating at nearby Lake Asbury and swimming at Magnolia Park Pool. With its low cost of living and many amenities available to residents of all ages, Green Cove Springs is a wonderful place to call home.

Green Cove Springs has an unemployment rate of 4.0%. The US average is 6.0%.

Green Cove Springs 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 46.1%, which is higher than the US average of 33.5%.

Tax Rates for Green Cove Springs
- The Sales Tax Rate for Green Cove Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Green Cove Springs 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 Green Cove Springs
- The average income of a Green Cove Springs resident is $21,707 a year. The US average is $28,555 a year.
- The Median household income of a Green Cove Springs resident is $59,200 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreen Cove Springs, FloridaUnited States
  46
  -3.9%-6.2%
  46.1%33.5%
  7.0%6.2%
  0.0%4.6%
  $27,963$37,638
  $59,200$69,021
  $71,174$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  6.0%10.0%
  2.2%2.5%
  14.0%11.0%
  7.7%4.8%
  0.8%0.8%
  0.8%1.9%
  5.9%4.7%
  2.0%1.9%
  7.0%7.6%
  0.0%0.1%
  4.1%4.2%
  7.1%9.3%
  16.9%14.0%
  1.1%2.1%
  8.5%7.0%
  5.2%4.8%
  6.4%4.7%
Reviews for Green Cove Springs
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My hometown has everything you could want, it's small, quiet, friendly with the beautiful St.Johns riverfront for our events. We have rodeos, fairs, concerts and  More

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