Gainesville, FL 32603 is a vibrant city with many desirable amenities. It has a low two-bedroom rent of $1,050 compared to the US average of $1,430. Additionally, the grocery cost index in Gainesville is 103 versus 100 in the US. This makes Gainesville an attractive option for people looking to relocate and save money. The city's economy is dominated by health care providers like UF Health Shands Hospital and North Florida Regional Medical Center, as well as educational institutions such as University of Florida and Santa Fe College. Other major employers include the City of Gainesville, Publix Super Markets, Inc., Walmart Stores Inc., and Exactech, Inc. With its lower rents and expense costs, living in Gainesville can be an affordable option for those looking to relocate or just visit the city.
Gainesville (zip 32603) has an unemployment rate of 4.4%. The US average is 6.0%.
Gainesville (zip 32603) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Gainesville (zip 32603)
- The Sales Tax Rate for Gainesville (zip 32603) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 32603) 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 Gainesville (zip 32603)
- The average income of a Gainesville (zip 32603) resident is $9,897 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 32603) resident is $18,380 a year. The US average is $69,021 a year.