Economy in Lafayette County, Florida

Lafayette County, Florida is a great place to live and work. It offers plenty of amenities such as quality housing at reasonable prices with two bedroom rents averaging around $900 and grocery costs indexing 96 compared to the US average of 100. There is something for everyone in Lafayette County with major employers like Publix Super Markets Inc., North Florida Regional Medical Center and Fedex Express located here. The county also has several highly-rated public schools, universities, and two-year college options, plus a variety of recreational activities for the whole family. Whether you’re looking for outdoor recreation at Lafayette Blue Springs State Park or to attend a show at Stetson University's Theater Arts Department in DeLand, this county offers it all.

Lafayette County has an unemployment rate of 4.3%. The US average is 6.0%.

Lafayette County has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.

Tax Rates for Lafayette County
- The Sales Tax Rate for Lafayette County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lafayette 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 Lafayette County
- The average income of a Lafayette County resident is $18,125 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette County resident is $56,458 a year. The US average is $69,021 a year.