32346 Panacea, FL is a great place to live with affordable rent and reasonable grocery costs. Located in Wakulla County, this small town offers an array of amenities such as local shops like Lofty Pursuits and Cooter’s Corner Store or restaurants such as the Panacea Seafood & Oyster Bar and E&E's BBQ. 2 bedroom rent in Panacea is $1,650 per month which is lower than the US average of $1,430 per month, making it a relatively more affordable area to live. Grocery Cost Index in Panacea is 102 versus 100 in the US, indicating that groceries are slightly more expensive here than other places in the US. Despite this slight difference, 32346 Panacea, FL still provides a great quality of life for its residents due to its affordability and convenience.
Panacea (zip 32346) has an unemployment rate of 3.6%. The US average is 6.0%.
Panacea (zip 32346) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Panacea (zip 32346)
- The Sales Tax Rate for Panacea (zip 32346) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Panacea (zip 32346) 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 Panacea (zip 32346)
- The average income of a Panacea (zip 32346) resident is $28,885 a year. The US average is $37,638 a year.
- The Median household income of a Panacea (zip 32346) resident is $45,647 a year. The US average is $69,021 a year.