Pace, MS is an area located in the Panhandle of Florida that provides affordable living for those who wish to call it home. In Pace, a two bedroom apartment will cost around $780 on average compared to the national average of $1,430. Grocery costs are also highly discounted with a local cost index of 91 versus the US's 100.
There are numerous local companies in Pace, MS such as First National Bank of Milton, Santa Rosa Medical Center and Gulf Power Company that provide residents with banking services, medical care and utility services respectively.
Pace also has plenty of amenities to offer its residents including beautiful parks like Blackwater River State Forest Park and Perdido River Wildlife Management Area that invite guests to enjoy breathtaking scenery and outdoor activities. With nearby shopping complexes such as Cordova Mall and Southern Star Shopping Center, Pace offers residents ample shopping options. There's no shortage of entertainment hubs either with several golf courses, museums and movie theaters around Pace to keep one occupied year round.
Pace (zip 38764) has an unemployment rate of 7.7%. The US average is 6.0%.
Pace (zip 38764) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Pace (zip 38764)
- The Sales Tax Rate for Pace (zip 38764) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pace (zip 38764) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pace (zip 38764)
- The average income of a Pace (zip 38764) resident is $23,437 a year. The US average is $37,638 a year.
- The Median household income of a Pace (zip 38764) resident is $0 a year. The US average is $69,021 a year.