Walton, FL County is a vibrant and diverse county in the Florida panhandle. This county offers many amenities while maintaining its small-town charm. The cost of living is quite affordable, with 2 bedroom rent averaging $1,140 compared to the national average of $1,430. Grocery costs also remain relatively low compared to the US average at 103 versus 100, respectively. Local businesses are flourishing in Walton County - from small restaurants and boutique shops to larger corporations such as Gulf Power Company and Lockheed Martin Corporation. Not only is the cost of living more affordable in Walton County compared to other areas in Florida, but there are also plenty of outdoor activities that can be enjoyed from white sand beaches along 30A highway and fishing spots on Choctawhatchee Bay. For these reasons and more, Walton County is a great place to live!
Walton County has an unemployment rate of 4.2%. The US average is 6.0%.
Walton County has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 50.6%, which is higher than the US average of 33.5%.
Tax Rates for Walton County
- The Sales Tax Rate for Walton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Walton 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 Walton County
- The average income of a Walton County resident is $25,854 a year. The US average is $28,555 a year.
- The Median household income of a Walton County resident is $68,111 a year. The US average is $69,021 a year.