Zip 32140 (Florahome, FL) Economy


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United States / Florida / Palatka Metro Area / Putnam County / No City / Florahome (zip 32140)
Florahome, Florida (32140) is a small town located in Putnam County. It is situated in the Northeastern part of the state and is mostly residential with some businesses scattered around. The population of Florahome is estimated to be around 1,000 people. Rent for a two bedroom apartment in Florahome averages around $1,400 per month which is slightly lower than the US average rent for two bedrooms at $1430. The grocery cost index is 97 compared to 100 in the US which means most groceries are cheaper here than other places.
The town does have some local business offerings; including Woody's Country Market where you can find a variety of locally sourced food and products, along with a post office and gas station. There are also several recreational activities available in Florahome such as boat rentals on nearby lakes, fishing spots, and parks like Bronson-Mulhollan Park that includes a playground and picnic area for families to enjoy. Florahome offers something for everyone whether it’s dining, shopping or outdoor fun.

Florahome (zip 32140) has an unemployment rate of 6.3%. The US average is 6.0%.

Florahome (zip 32140) 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 Florahome (zip 32140)
- The Sales Tax Rate for Florahome (zip 32140) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Florahome (zip 32140) 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 Florahome (zip 32140)
- The average income of a Florahome (zip 32140) resident is $23,844 a year. The US average is $28,555 a year.
- The Median household income of a Florahome (zip 32140) resident is $54,032 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlorahome, FloridaUnited States
  6.36
  -3.9%-6.2%
  25.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $32,729$37,638
  $54,032$69,021
  $53,068$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  22.9%6.8%
  3.7%10.0%
  0.0%2.5%
  18.7%11.0%
  3.7%4.8%
  6.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.7%4.2%
  11.2%9.3%
  20.3%14.0%
  0.5%2.1%
  3.8%7.0%
  1.8%4.8%
  3.8%4.7%
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