Defuniak Springs, FL, (zip code 32435) is a small city located in Walton County in the panhandle region of Florida. With a population of 6,637 people as of 2019, Defuniak Springs offers a more relaxed atmosphere compared to much larger cities in the state. Apartments with two bedrooms typically go for around $950 per month, slightly lower than the national average of $1,430. The cost-of-living index in Defuniak Springs is 95 versus 100 nationally. This means that basic goods are relatively cheaper compared to other parts of the country.
The city has grown over recent years due to influx from nearby larger cities such as Pensacola and Panama City Beach. Businesses such as Moore Accounting Solutions Inc., D & J Auto Repair LLC., and Divas Hair Salon, have all made their home in Defuniak Springs providing services and employment opportunities to residents. There is also a range of restaurants serving up local dishes including fast food joints like Burger King and sit down restaurants like Pesto's Italian Bistro & Grill & Bar if you're looking for something different for dinner.
Overall, with its reasonable rent prices and low cost-of-living index, Defuniak Springs provides an affordable option for those looking for a bit more peace and quiet in Florida without breaking the bank.
Defuniak Springs (zip 32435) has an unemployment rate of 4.2%. The US average is 6.0%.
Defuniak Springs (zip 32435) has seen the job market decrease by -3.5% 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 Defuniak Springs (zip 32435)
- The Sales Tax Rate for Defuniak Springs (zip 32435) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Defuniak Springs (zip 32435) 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 Defuniak Springs (zip 32435)
- The average income of a Defuniak Springs (zip 32435) resident is $24,354 a year. The US average is $37,638 a year.
- The Median household income of a Defuniak Springs (zip 32435) resident is $47,175 a year. The US average is $69,021 a year.