Zip 32580 (Valparaiso, FL) Economy


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Valparaiso is a small town in Florida located in Okaloosa County. It has a population of just over 3,000 people and is known for its close-knit community atmosphere. The cost of living here is quite low, with 2 bedroom rentals averaging $1,330 compared to the US average of $1,430. The grocery cost index is even lower than the national average, making Valparaiso an affordable place to live.
There are several businesses to explore in Valparaiso including Walmart Neighborhood Market, which provides groceries and other essentials at discounted prices; Captain Dave’s Steak & Seafood Restaurant for great seafood dinners; and Barber’s Upholstery shop for all your furniture upholstery needs. There are also several attractions to visit such as Camp Helen State Park with its dunes and white sand beaches; Eglin Air Force Base for a historic tour and educational experience; and Ponce De Leon Springs State Park for swimming, canoeing or kayaking on the spring-fed river. With so much to do and see in Valparaiso, it's no wonder why so many people call this charming town home.

Valparaiso (zip 32580) has an unemployment rate of 4.0%. The US average is 6.0%.

Valparaiso (zip 32580) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.

Tax Rates for Valparaiso (zip 32580)
- The Sales Tax Rate for Valparaiso (zip 32580) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Valparaiso (zip 32580) 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 Valparaiso (zip 32580)
- The average income of a Valparaiso (zip 32580) resident is $29,779 a year. The US average is $28,555 a year.
- The Median household income of a Valparaiso (zip 32580) resident is $73,211 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValparaiso, FloridaUnited States
  46
  -3.4%-6.2%
  46.2%33.5%
  6.5%6.2%
  0.0%4.6%
  $37,552$37,638
  $73,211$69,021
  $78,125$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  9.1%6.8%
  1.9%10.0%
  2.3%2.5%
  19.2%11.0%
  1.9%4.8%
  0.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.9%1.9%
  8.7%7.6%
  0.0%0.1%
  6.2%4.2%
  2.1%9.3%
  11.5%14.0%
  4.5%2.1%
  10.1%7.0%
  3.6%4.8%
  17.0%4.7%
Health