Quincy, FL Economy


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Quincy, FL is a small rural town located in Gadsden County. It's a nice suburban community with plenty of local businesses and attractions including restaurant chains like Applebee's and Chick-fil-A, shopping outlets like Walmart Supercenter and Dollar General, and recreational activities such as the North Florida Speedway. The cost of living in Quincy is relatively low compared to other areas. According to current statistics, the average two-bedroom rent in Quincy is $1,030 which is about $400 less than the US average two-bedroom rent of $1,430. Additionally, the Grocery Cost Index in Quincy is 93 compared to 100 for the US as a whole. All these factors make it an attractive place for people looking for affordable housing options.

Quincy has an unemployment rate of 5.6%. The US average is 6.0%.

Quincy has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Quincy
- The Sales Tax Rate for Quincy is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Quincy 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 Quincy
- The average income of a Quincy resident is $15,328 a year. The US average is $28,555 a year.
- The Median household income of a Quincy resident is $31,756 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuincy, FloridaUnited States
  5.66
  -3.3%-6.2%
  34.8%33.5%
  7.5%6.2%
  0.0%4.6%
  $17,117$37,638
  $31,756$69,021
  $31,539$85,028
  Population by Occupation
  8.5%1.2%
  0.0%0.5%
  11.0%6.8%
  10.5%10.0%
  0.7%2.5%
  2.5%11.0%
  5.3%4.8%
  1.2%0.8%
  0.0%1.9%
  1.3%4.7%
  1.8%1.9%
  3.8%7.6%
  0.0%0.1%
  8.6%4.2%
  12.4%9.3%
  5.2%14.0%
  0.9%2.1%
  10.1%7.0%
  2.3%4.8%
  14.0%4.7%
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