Gulf County, FL Economy


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Gulf, FL County is a great place to live with a variety of local businesses for residents to enjoy. From boutiques and restaurants to larger stores and supermarkets, there is something for everyone. The rent for a 2 bedroom apartment in Gulf County is lower than the US average at $1,200 compared to the $1,430 nationwide. Additionally, grocery costs are more affordable in Gulf County with an index score of 98 versus the national score of 100. All in all, living costs in Gulf County make it an attractive option for those looking for affordable yet quality living options. Local companies include El Sol Fresh Market & Taqueria, John's Pass Seafood Restaurant and Bar, and O'Maddy's Bar & Grille - just a few of the many options available for people living in or visiting Gulf County.

Gulf County has an unemployment rate of 4.2%. The US average is 6.0%.

Gulf County has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Gulf County
- The Sales Tax Rate for Gulf County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gulf County 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 Gulf County
- The average income of a Gulf County resident is $27,704 a year. The US average is $37,638 a year.
- The Median household income of a Gulf County resident is $53,812 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGulf, FloridaUnited States
  4.26
  -4.4%-6.2%
  31.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $27,704$37,638
  $53,812$69,021
  $71,411$85,028
  Population by Occupation
  1.5%1.2%
  0.6%0.5%
  12.7%6.8%
  2.0%10.0%
  0.9%2.5%
  10.3%11.0%
  2.0%4.8%
  0.9%0.8%
  1.6%1.9%
  4.1%4.7%
  5.8%1.9%
  4.2%7.6%
  0.0%0.1%
  5.2%4.2%
  8.3%9.3%
  12.2%14.0%
  0.2%2.1%
  7.5%7.0%
  7.8%4.8%
  12.1%4.7%
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