Salaries vs. discretionary income

Santa Rosa County residents make less, spend less and have less left over at the end of the month than those in the rest of the state and surrounding counties, according to findings from The Discretionary Income Report 2017 by Trove Technologies.

This study looked at the salaries of workers across the country and compared that data with the cost of living in each area to find out just how much folks have to spend. Trove utilized data from the U.S. Bureau of Labor Statistics, The Tax Foundation and the Council for Community and Economic Research.

What the research found is an important economic indicator: discretionary income.

This article is part of a series on economic indicators that will be running on the Business page for the next few weeks. Each week will feature data and discussion on a topic that indicates the overall health and trends of Santa Rosa County’s economy.

Read the full article in the Nov. 16 issue of Navarre Press. Subscribe online at navarrepress.com for as little as $38 per year.

P.S. Receive a digital subscription to Navarre Press for 30 days free!

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