Palatka, FL Metro Area is a great place to live with many unique opportunities. Not only is the two bedroom rent significantly lower than the US average at $830, but the grocery cost index is also much lower than the US average at 97. In addition to the savings, Palatka offers plenty of local attractions and businesses for residents to enjoy. Some notable companies include Faver-Dykes State Park, St. Johns River Cruises, and Famous Tate Appliance & Bedding Center. For those who love nature there are many outdoor activities such as fishing, canoeing, or kayaking on the beautiful St. Johns River or hiking at Ravine Gardens State Park. Palatka truly has something for everyone!
Palatka Metro Area has an unemployment rate of 6.3%. The US average is 6.0%.
Palatka Metro Area has seen the job market decrease by -0.3% 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 Palatka Metro Area
- The Sales Tax Rate for Palatka Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Palatka Metro Area 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 Palatka Metro Area
- The average income of a Palatka Metro Area resident is $18,587 a year. The US average is $28,555 a year.
- The Median household income of a Palatka Metro Area resident is $39,975 a year. The US average is $69,021 a year.