Laurel Hill is a small city in Florida that is known for its affordable living. The average two-bedroom rent in Laurel Hill is $1,060 compared to the national average of $1,430. This makes it an ideal place for families and people on a budget. Laurel Hill also has an index of 96 in grocery costs which means groceries are 4% lower than the US average.
The city is home to several local businesses such as Rays Supermarket, Southside Barbeque, and D&M Auto Repair. There are also many outdoor activities available including camping at Eglin Air Force Base, canoeing at Blackwater River State Park and hiking at Tate’s Hell State Forest. With its low cost of living and abundance of recreational opportunities, Laurel Hill makes for a great place to call home.
Laurel Hill has an unemployment rate of 4.0%. The US average is 6.0%.
Laurel Hill has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.
Tax Rates for Laurel Hill
- The Sales Tax Rate for Laurel Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Laurel Hill 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 Laurel Hill
- The average income of a Laurel Hill resident is $21,823 a year. The US average is $37,638 a year.
- The Median household income of a Laurel Hill resident is $46,429 a year. The US average is $69,021 a year.