Zip 32609 (Gainesville, FL) Economy


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Gainesville, Florida is a vibrant city renowned for its culture and entertainment as well as its diverse population. The average two bedroom rent in Gainesville is $1,050 which is significantly lower than the US average of $1,430. Additionally, groceries in Gainesville are less expensive than the national average due to the Grocery Cost Index being 97 versus 100 in the US. There are also many local businesses and establishments that help enrich the city's economy such as University of Florida's Innovation Hub, Archer Road Pharmacy and Flowers by MiMi Florist. Gainesville has a wide range of services to meet residents' needs and offers an affordable cost of living.

Gainesville (zip 32609) has an unemployment rate of 4.4%. The US average is 6.0%.

Gainesville (zip 32609) 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 32609)
- The Sales Tax Rate for Gainesville (zip 32609) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 32609) 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 32609)
- The average income of a Gainesville (zip 32609) resident is $17,722 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 32609) resident is $40,619 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%
  $20,902$37,638
  $40,619$69,021
  $43,589$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  7.7%6.8%
  4.1%10.0%
  1.3%2.5%
  5.7%11.0%
  3.6%4.8%
  0.1%0.8%
  1.4%1.9%
  1.7%4.7%
  1.9%1.9%
  3.7%7.6%
  0.0%0.1%
  3.8%4.2%
  16.7%9.3%
  17.1%14.0%
  3.0%2.1%
  12.8%7.0%
  6.0%4.8%
  8.3%4.7%
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