Zip 32531 (Baker, FL) Economy


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Baker, FL is a small rural town located in Northern Florida. This quaint yet vibrant community has a population of just over 32531 people. The average rent for a 2 bedroom apartment in Baker is $1,100, which is significantly lower than the national average of $1,430. Grocery prices in Baker are also slightly lower than the national index at 98 compared to 100 respectively.
Baker provides many amenities including restaurants, shopping centers and other local businesses. Popular companies found within this town are the Country Village Restaurant, Michael's Outlet Store, and Dewey's Bakery. Country Village Restaurant offers delicious southern cuisine while Michael's Outlet Store is great for finding unique items for low prices. Dewey's Bakery is well known for its homemade sweet treats and cakes perfect for any occasion. With all these attractions and affordable living expenses, Baker is an ideal place to settle down and start a family.

Baker (zip 32531) has an unemployment rate of 4.0%. The US average is 6.0%.

Baker (zip 32531) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.

Tax Rates for Baker (zip 32531)
- The Sales Tax Rate for Baker (zip 32531) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baker (zip 32531) 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 Baker (zip 32531)
- The average income of a Baker (zip 32531) resident is $29,767 a year. The US average is $28,555 a year.
- The Median household income of a Baker (zip 32531) resident is $72,668 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaker, FloridaUnited States
  46
  -3.4%-6.2%
  46.2%33.5%
  6.5%6.2%
  0.0%4.6%
  $34,137$37,638
  $72,668$69,021
  $83,372$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  4.9%6.8%
  3.0%10.0%
  1.8%2.5%
  8.7%11.0%
  9.1%4.8%
  0.5%0.8%
  4.1%1.9%
  3.4%4.7%
  2.7%1.9%
  7.9%7.6%
  0.0%0.1%
  7.2%4.2%
  12.0%9.3%
  7.6%14.0%
  1.8%2.1%
  6.0%7.0%
  4.0%4.8%
  13.1%4.7%
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