32431 Cottondale, FL is a beautiful city situated in the Florida panhandle. The 2 bedroom rent for this area is $810, which is significantly lower than the US rate of $1,430. In addition to that, groceries in 32431 Cottondale have an index rate of 93, while the national average is 100. This makes living here much more affordable and attractive for potential residents. There are many local businesses in this area that contribute to its vitality such as Buddy's BBQ & Grill, Ruben and Rachael's Mexican Restaurant, and Simpson Tire Company all located in downtown Cottondale. With its affordable cost of living and diversity of local companies, 32431 Cottondale is a great place to call home.
Cottondale (zip 32431) has an unemployment rate of 4.8%. The US average is 6.0%.
Cottondale (zip 32431) 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 Cottondale (zip 32431)
- The Sales Tax Rate for Cottondale (zip 32431) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cottondale (zip 32431) 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 Cottondale (zip 32431)
- The average income of a Cottondale (zip 32431) resident is $17,148 a year. The US average is $28,555 a year.
- The Median household income of a Cottondale (zip 32431) resident is $52,436 a year. The US average is $69,021 a year.