Shalimar, FL is a picturesque town situated on the Florida Gulf Coast. It offers its residents many amenities, such as the Emerald Coast Science Center, the Eglin Air Force Base Museum, and the Naval Live Oaks Nature Reserve. Outdoor enthusiasts can visit Henderson Beach State Park or go fishing at Choctawhatchee Bay. There are also plenty of restaurants and retail stores in the area, such as Eddie’s Tackle Box and Good Time Grocery. The cost of living in Shalimar is slightly higher than average with a two-bedroom rent costing $1,450 compared to $1,430 nationally. Grocery costs are also higher, with an index of 102 versus 100 nationally. Despite this slight difference in cost of living, Shalimar remains an attractive option for those looking for a safe and affordable place to live near many local attractions.
Shalimar has an unemployment rate of 4.0%. The US average is 6.0%.
Shalimar has seen the job market increase by 4.2% 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 Shalimar
- The Sales Tax Rate for Shalimar is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shalimar 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 Shalimar
- The average income of a Shalimar resident is $43,847 a year. The US average is $28,555 a year.
- The Median household income of a Shalimar resident is $90,000 a year. The US average is $69,021 a year.