Zip 32420 (Alford, FL) Economy


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United States / Florida / No Metro Area / Jackson County / Alford / Alford (zip 32420)
32420 Alford, FL is a small town located in the Panhandle region of Florida. The town has a population of just over 500 people. Residents of Alford can enjoy the peace and tranquility of a rural lifestyle while still having access to convenient amenities like grocery stores, gas stations, restaurants, and other services. 2 bedroom rental prices in Alford are $840 per month - significantly lower than the national average of $1,430 - making it an affordable option for families looking to escape the hustle and bustle of larger cities. Additionally, grocery costs in Alford are quite low compared to other cities in Florida and across the country due to its lower population density - with a Grocery Cost Index rating of 95 versus 100 nationwide. In terms of local businesses and organizations operating in 32420 Alford, residents can find many helpful services ranging from auto repair shops such as Gaddy's Garage to health clinics such as HELP Inc. There is also a popular restaurant called Mabel's Bar-B-Que where visitors can enjoy delicious southern cuisine!

Alford (zip 32420) has an unemployment rate of 4.8%. The US average is 6.0%.

Alford (zip 32420) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Alford (zip 32420)
- The Sales Tax Rate for Alford (zip 32420) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Alford (zip 32420) 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 Alford (zip 32420)
- The average income of a Alford (zip 32420) resident is $17,922 a year. The US average is $28,555 a year.
- The Median household income of a Alford (zip 32420) resident is $41,267 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlford, FloridaUnited States
  4.86
  -1.1%-6.2%
  28.6%33.5%
  7.5%6.2%
  0.0%4.6%
  $29,294$37,638
  $41,267$69,021
  $60,069$85,028
  Population by Occupation
  2.0%1.2%
  0.3%0.5%
  7.0%6.8%
  9.7%10.0%
  13.3%2.5%
  8.6%11.0%
  3.1%4.8%
  0.2%0.8%
  0.0%1.9%
  7.4%4.7%
  0.0%1.9%
  7.4%7.6%
  0.0%0.1%
  9.0%4.2%
  2.8%9.3%
  10.8%14.0%
  0.9%2.1%
  10.4%7.0%
  6.5%4.8%
  0.6%4.7%
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