Zip 32303 (Tallahassee, FL) Economy


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The city of Tallahassee, FL (zip code 32303) is a beautiful and exciting place to live. The rent for a two bedroom apartment is $1,250 which is much lower than the US average of $1,430. This makes it ideal for those looking for an affordable place to live in a vibrant area. Additionally, groceries are very inexpensive with a grocery cost index of 96 versus the US average of 100. This means that residents have more money to explore all that Tallahassee has to offer. The city boasts many great businesses such as Capital City Bank, GrayRobinson Law Firm, Publix Supermarkets Inc., Burger King Corporation and Florida A&M University. With its low housing costs and grocery prices, Tallahassee offers an excellent environment to live in at an affordable price.

Tallahassee (zip 32303) has an unemployment rate of 5.1%. The US average is 6.0%.

Tallahassee (zip 32303) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.

Tax Rates for Tallahassee (zip 32303)
- The Sales Tax Rate for Tallahassee (zip 32303) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Tallahassee (zip 32303) 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 Tallahassee (zip 32303)
- The average income of a Tallahassee (zip 32303) resident is $24,837 a year. The US average is $28,555 a year.
- The Median household income of a Tallahassee (zip 32303) resident is $52,450 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTallahassee, FloridaUnited States
  5.16
  -5.4%-6.2%
  37.9%33.5%
  7.5%6.2%
  0.0%4.6%
  $32,647$37,638
  $52,450$69,021
  $67,292$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.4%6.8%
  3.4%10.0%
  1.2%2.5%
  11.1%11.0%
  2.9%4.8%
  0.0%0.8%
  1.4%1.9%
  3.0%4.7%
  1.5%1.9%
  8.2%7.6%
  0.0%0.1%
  5.0%4.2%
  13.1%9.3%
  13.8%14.0%
  1.9%2.1%
  8.2%7.0%
  5.1%4.8%
  14.3%4.7%
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