Jacksonville, FL (32224) is an ideal place to live for those looking to save on rent and living costs. The average two-bedroom rent in Jacksonville is $1,480 a month, which is lower than the average two-bedroom rent in the US ($1,430). Additionally, Jacksonville has a Grocery Cost Index of 104 compared to 100 in the US which suggests that grocery prices are slightly higher than average. Despite this, Jacksonville still offers great value as its cost of living index is 17% below the national average.
The area surrounding 32224 has plenty to offer with numerous local businesses such as Duval Honda, Jax Kia Auto Mall and Atlantic Coast Financial Corporation that are all based nearby. These companies provide plenty of job opportunities for locals looking to make good money while saving on their living costs. Overall it's clear that 32224 Jacksonville offers an excellent quality of life with its relatively low cost of living index and abundance of local businesses that provide employment opportunities.
Jacksonville (zip 32224) has an unemployment rate of 4.9%. The US average is 6.0%.
Jacksonville (zip 32224) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 44.4%, which is higher than the US average of 33.5%.
Tax Rates for Jacksonville (zip 32224)
- The Sales Tax Rate for Jacksonville (zip 32224) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jacksonville (zip 32224) 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 Jacksonville (zip 32224)
- The average income of a Jacksonville (zip 32224) resident is $45,975 a year. The US average is $37,638 a year.
- The Median household income of a Jacksonville (zip 32224) resident is $81,185 a year. The US average is $69,021 a year.