Pea Ridge, FL is a vibrant town located in northern Florida. The cost of living is quite low as evidenced by the 2 bedroom rent which averages $1,170 compared to the US average of $1,430. Grocery items are also relatively inexpensive with a cost index of 99 versus the US at 100. Pea Ridge has several locally owned businesses that serve the community including Merritt’s grocery store, Terry's Automotive repair shop, and Wilkerson Plumbing. There are also plenty of recreational activities to enjoy in the area like golfing at The Oaks Golf Course or visiting local attractions like Falling Waters State Park. All in all, Pea Ridge is an affordable place to live with plenty of amenities to experience.
Pea Ridge has an unemployment rate of 4.0%. The US average is 6.0%.
Pea Ridge has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Pea Ridge
- The Sales Tax Rate for Pea Ridge is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pea Ridge 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 Pea Ridge
- The average income of a Pea Ridge resident is $20,898 a year. The US average is $28,555 a year.
- The Median household income of a Pea Ridge resident is $64,489 a year. The US average is $69,021 a year.