Zip 32607 (Gainesville, FL) Economy


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Gainesville, Florida is a city located in Alachua County with a population of 132,249 people. The 2 Bedroom Rent in Gainesville is $1,110 which is significantly lower than the US average of $1,430. Grocery prices are also lower than the national average at 99 versus 100 in the US. In Gainesville, local companies include UF Health Shands Hospital, University of Florida, and Santa Fe College. With a relatively low cost of living compared to many other cities in the US, Gainesville offers an affordable option for individuals and families looking to live in a sunny climate with plenty of job opportunities.

Gainesville (zip 32607) has an unemployment rate of 4.4%. The US average is 6.0%.

Gainesville (zip 32607) 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 32607)
- The Sales Tax Rate for Gainesville (zip 32607) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 32607) 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 32607)
- The average income of a Gainesville (zip 32607) resident is $23,329 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 32607) resident is $43,278 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, FloridaUnited States
  4.46
  -5.2%-6.2%
  39.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $30,628$37,638
  $43,278$69,021
  $64,398$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.3%6.8%
  4.9%10.0%
  1.3%2.5%
  12.3%11.0%
  1.9%4.8%
  0.3%0.8%
  1.6%1.9%
  2.6%4.7%
  2.1%1.9%
  5.1%7.6%
  0.0%0.1%
  3.5%4.2%
  19.1%9.3%
  18.1%14.0%
  1.7%2.1%
  12.8%7.0%
  5.2%4.8%
  3.0%4.7%
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