Fountain, Florida (32438) is a small town located in the heart of Florida's panhandle region. It is home to a population of about 4,500 people who enjoy the warm climate and affordable lifestyle that Fountain offers. The two bedroom rent for this area is $1,080 compared to the national average of $1,430 which makes it a great option for those looking to save money on housing costs. Grocery costs are also lower than the national average with an index rating of 95 versus 100 giving residents more purchasing power when shopping at local stores like Walmart or Publix Supermarket. This area also has several local employers including Gulf Power Company and Okaloosa County Schools making it an attractive option for people looking to stay close to home for work. With an overall cost of living that is well below average and plenty of job opportunities in the area, Fountain is an ideal place for those looking to get away from expensive cities without sacrificing too many amenities or employment options.
Fountain (zip 32438) has an unemployment rate of 4.5%. The US average is 6.0%.
Fountain (zip 32438) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Fountain (zip 32438)
- The Sales Tax Rate for Fountain (zip 32438) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fountain (zip 32438) 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 Fountain (zip 32438)
- The average income of a Fountain (zip 32438) resident is $20,865 a year. The US average is $37,638 a year.
- The Median household income of a Fountain (zip 32438) resident is $38,490 a year. The US average is $69,021 a year.