Vernon, FL Economy


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United States / Florida / No Metro Area / Washington County / Vernon / Zip Codes
Vernon, FL is an interesting small town located in Florida. It has a population of around 3,000 people and it is known for its affordability. The rent for a 2 bedroom apartment here is about $1,130, which is far lower than the US average of $1,430. Additionally, the grocery cost index here is 94 as opposed to the US average of 100. Because of this low cost of living, Vernon attracts many individuals and families who are looking for an affordable place to call home.
Vernon also has some great local businesses to visit and attractions that make it unique. Some popular places include Pannell's Bar B Que & Seafood Restaurant which offers delicious local cuisine and Dixie Country Market for those who enjoy shopping locally. There are also several beautiful parks like Fadala Park which offers trails for hiking and biking and Lake Jackson Mounds Archaeological State Park which educates visitors on the history and culture of the area.

Vernon has an unemployment rate of 4.8%. The US average is 6.0%.

Vernon has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.

Tax Rates for Vernon
- The Sales Tax Rate for Vernon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vernon 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 Vernon
- The average income of a Vernon resident is $10,232 a year. The US average is $28,555 a year.
- The Median household income of a Vernon resident is $32,104 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, FloridaUnited States
  4.86
  -4.6%-6.2%
  34.6%33.5%
  7.5%6.2%
  0.0%4.6%
  $19,222$37,638
  $32,104$69,021
  $43,152$85,028
  Population by Occupation
  6.1%1.2%
  0.0%0.5%
  15.5%6.8%
  5.3%10.0%
  0.0%2.5%
  11.8%11.0%
  2.4%4.8%
  1.6%0.8%
  0.0%1.9%
  1.6%4.7%
  1.2%1.9%
  4.9%7.6%
  0.0%0.1%
  7.3%4.2%
  4.9%9.3%
  13.1%14.0%
  1.6%2.1%
  11.4%7.0%
  1.6%4.8%
  9.4%4.7%
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