St. George Island, FL Economy


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United States / Florida / No Metro Area / Franklin County / St. George Island / Zip Codes
Living in St. George Island, FL offers many advantages for people who like to enjoy the sunny coastal lifestyle. The two bedroom rent is much lower than the US average of $1,430, making it an excellent option for those looking to save money without sacrificing quality of life. Moreover, the grocery cost index is 108 compared to 100 in the US, so residents can enjoy a variety of food and snacks at reasonable prices.
The area boasts a range of businesses that make everyday life easier and more enjoyable. Popular local companies include Beach Properties of Florida, Voyagers Restaurant & Lounge, Bright Realty Management, and Island Real Estate. There are plenty of great restaurants, shopping areas, and activities along with some unique attractions like the St. George Lighthouse Museum and Apalachicola National Estuarine Research Reserve.
In conclusion, St. George Island is an ideal location for those who want to experience a relaxed coastal lifestyle without breaking the bank or sacrificing their quality of life. With its array of businesses and attractions as well as cheaper rent and groceries than most places in the US, it’s no wonder why more people are choosing to call this beautiful island their home!

St. George Island has an unemployment rate of 4.2%. The US average is 6.0%.

St. George Island has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for St. George Island
- The Sales Tax Rate for St. George Island is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. George Island 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 St. George Island
- The average income of a St. George Island resident is $65,191 a year. The US average is $28,555 a year.
- The Median household income of a St. George Island resident is $76,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. George Island, FloridaUnited States
  4.26
  -1.3%-6.2%
  26.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $58,321$37,638
  $76,071$69,021
  $91,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  21.5%6.8%
  0.0%10.0%
  1.9%2.5%
  7.7%11.0%
  4.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  9.4%1.9%
  9.1%7.6%
  0.0%0.1%
  13.6%4.2%
  6.6%9.3%
  8.9%14.0%
  0.0%2.1%
  8.9%7.0%
  3.3%4.8%
  4.7%4.7%
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