Malone, FL is a small town located in the North West of Florida. It is known for its affordable housing costs and low cost of living. The 2 bedroom rent in Malone, FL is $830 which is nearly half the US average of $1,430. Similarly, the grocery cost index in Malone is 93 versus 100 in the US. As such, it is an ideal location for people looking for an affordable place to live without compromising quality of life.
Many local businesses cater to the residents of Malone including Country Oaks Family Medical Center for healthcare, Jackson Automotive Group for car maintenance, and Timber Creek Outfitters for outdoor equipment and apparel. In addition, there are plenty of dining options like CJ's Restaurant & Sports Bar or Southern Skillet Homecookin' that offer delicious meals at reasonable prices.
Malone has an unemployment rate of 4.8%. The US average is 6.0%.
Malone 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 Malone
- The Sales Tax Rate for Malone is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Malone 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 Malone
- The average income of a Malone resident is $6,613 a year. The US average is $28,555 a year.
- The Median household income of a Malone resident is $38,500 a year. The US average is $69,021 a year.