Located in Upper Grand Lagoon in Florida, 32408 is a small city with beautiful beaches, warm weather, plenty of recreational activities and an overall low cost of living. The average rent for a two bedroom apartment is $1,340 which is lower than the US average rent of $1,430. Additionally, the Grocery Cost Index is 101 versus 100 in the US which means that groceries are slightly more expensive compared to other parts of the country. There are several local businesses in this area such as Panhandle Surf CO., Beach House Pizzeria & Grill, Sun Harbor Marina and True Blue Outfitters. These companies provide great services and products to residents at reasonable prices making it affordable for them to live here.
Upper Grand Lagoon (zip 32408) has an unemployment rate of 4.5%. The US average is 6.0%.
Upper Grand Lagoon (zip 32408) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Upper Grand Lagoon (zip 32408)
- The Sales Tax Rate for Upper Grand Lagoon (zip 32408) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Upper Grand Lagoon (zip 32408) 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 Upper Grand Lagoon (zip 32408)
- The average income of a Upper Grand Lagoon (zip 32408) resident is $39,856 a year. The US average is $37,638 a year.
- The Median household income of a Upper Grand Lagoon (zip 32408) resident is $62,386 a year. The US average is $69,021 a year.