Point Baker, FL is a great place to live due to its low cost of living. The average two-bedroom rent in Point Baker is $1,100, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Point Baker is 97 compared to 100 in the US. This means groceries may be slightly cheaper than elsewhere in the country. There are plenty of local businesses in Point Baker making it easy to find goods and services at an affordable price. Local companies such as Smith's Hardware Store, Farmer Joe's Produce Market and Emily's Bakery offer quality products for reasonable prices. All in all, Point Baker boasts a lower cost of living than other parts of the country making it an ideal location for families and individuals looking for a more affordable place to call home.
Point Baker has an unemployment rate of 4.0%. The US average is 6.0%.
Point Baker 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 Point Baker
- The Sales Tax Rate for Point Baker is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Point Baker 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 Point Baker
- The average income of a Point Baker resident is $19,072 a year. The US average is $28,555 a year.
- The Median household income of a Point Baker resident is $42,717 a year. The US average is $69,021 a year.