Putnam County, FL Economy


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United States / Florida / Palatka / Putnam County / Cities / Zip Codes
Putnam, FL County is a great place to live with affordable prices for rent compared to many other places in the US. It has a low Grocery Cost Index of 97 versus 100 in the US, meaning food and other groceries are more affordable. There are many local companies that have set up shop in Putnam, such as Putnam Ford, Cooks Tire & Auto Repair, CVS Pharmacy, Publix Super Market, and Walmart. All of these businesses provide an array of goods and services for people living in and around Putnam.

Putnam County has an unemployment rate of 6.3%. The US average is 6.0%.

Putnam County has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Putnam County
- The Sales Tax Rate for Putnam County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Putnam 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 Putnam County
- The average income of a Putnam County resident is $22,814 a year. The US average is $37,638 a year.
- The Median household income of a Putnam County resident is $39,975 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPutnam, FloridaUnited States
  6.36
  -3.9%-6.2%
  25.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $22,814$37,638
  $39,975$69,021
  $50,441$85,028
  Population by Occupation
  4.7%1.2%
  0.1%0.5%
  13.8%6.8%
  7.7%10.0%
  1.2%2.5%
  12.0%11.0%
  4.6%4.8%
  2.2%0.8%
  0.9%1.9%
  1.9%4.7%
  2.2%1.9%
  2.2%7.6%
  0.0%0.1%
  5.7%4.2%
  9.3%9.3%
  13.4%14.0%
  0.5%2.1%
  7.9%7.0%
  4.2%4.8%
  5.8%4.7%
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