Upper Grand Lagoon, FL Economy


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Upper Grand Lagoon, FL is a popular area for those looking for affordable living near the shore. With two bedroom rent at $1,450 monthly, it is slightly more expensive than the US average of $1,430; however, this is offset by the lower costs associated with living in Upper Grand Lagoon. The Grocery Cost Index here is 101 versus 100 in the US. There are many local businesses and attractions located in Upper Grand Lagoon, such as The High Tide restaurant and bar for fine dining right on the waterfront or Get Hooked Fishing Charters which offers guided fishing adventures in St. Andrew Bay.

Upper Grand Lagoon has an unemployment rate of 4.5%. The US average is 6.0%.

Upper Grand Lagoon has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Upper Grand Lagoon
- The Sales Tax Rate for Upper Grand Lagoon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Upper Grand Lagoon 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 Upper Grand Lagoon
- The average income of a Upper Grand Lagoon resident is $31,611 a year. The US average is $28,555 a year.
- The Median household income of a Upper Grand Lagoon resident is $61,740 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUpper Grand Lagoon, FloridaUnited States
  4.56
  -4.3%-6.2%
  34.3%33.5%
  7.0%6.2%
  0.0%4.6%
  $38,438$37,638
  $61,740$69,021
  $77,300$85,028
  Population by Occupation
  0.1%1.2%
  0.8%0.5%
  6.3%6.8%
  4.9%10.0%
  1.6%2.5%
  10.6%11.0%
  3.5%4.8%
  0.9%0.8%
  1.8%1.9%
  3.0%4.7%
  3.7%1.9%
  6.1%7.6%
  0.3%0.1%
  8.5%4.2%
  7.6%9.3%
  11.7%14.0%
  2.3%2.1%
  12.6%7.0%
  3.2%4.8%
  10.6%4.7%
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