Zip 32462 (Vernon, FL) Economy


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United States / Florida / No Metro Area / Washington County / Vernon / Vernon (zip 32462)
Vernon, FL is a small city located in Washington County. With a population of 32462, it offers affordable living options with an average two-bedroom rent of $1130 per month, which is much lower than the US average of $1430. It also has low grocery costs at 94 index points compared to the US hundred point index. The local economy is driven by many industries including farming, agriculture, forestry, and retail services. There are several local companies such as C&L Farm Service Inc. that provide farm services to the area and Walmart for groceries and other necessities. Other stores include Dollar General for discount items, Vernon Pharmacy for pharmaceuticals, and Country Store Florist for flowers and gifts.

Vernon (zip 32462) has an unemployment rate of 4.8%. The US average is 6.0%.

Vernon (zip 32462) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.

Tax Rates for Vernon (zip 32462)
- The Sales Tax Rate for Vernon (zip 32462) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vernon (zip 32462) 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 Vernon (zip 32462)
- The average income of a Vernon (zip 32462) resident is $20,794 a year. The US average is $28,555 a year.
- The Median household income of a Vernon (zip 32462) resident is $33,507 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, FloridaUnited States
  4.86
  -4.6%-6.2%
  34.6%33.5%
  7.5%6.2%
  0.0%4.6%
  $16,669$37,638
  $33,507$69,021
  $44,022$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  21.4%6.8%
  2.2%10.0%
  0.0%2.5%
  15.9%11.0%
  1.8%4.8%
  3.6%0.8%
  0.6%1.9%
  0.3%4.7%
  1.5%1.9%
  6.0%7.6%
  0.0%0.1%
  2.3%4.2%
  6.9%9.3%
  11.8%14.0%
  1.0%2.1%
  7.2%7.0%
  6.9%4.8%
  8.2%4.7%
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