Locust Grove, GA is an excellent place to live with plenty of local companies offering many jobs. There are several big businesses located in the area including Great American Cookie Co., Georgia Oil, and Sonic Drive-In. Additionally, there are many small businesses that help provide additional employment opportunities. The cost of living is relatively low in Locust Grove compared to the US average. For instance, 2 bedroom rent in Locust Grove is approximately $1,670 compared to the US 2 bedroom rent which averages around $1,430. In terms of groceries, there is an index of 96 versus 100 for the US average. This shows that Locust Grove has a lower grocery cost index than the national average making it more affordable for residents to buy food and other goods. Overall, Locust Grove is a great place to live with plenty of businesses and lower than average costs.
Locust Grove has an unemployment rate of 4.4%. The US average is 6.0%.
Locust Grove has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.
Tax Rates for Locust Grove
- The Sales Tax Rate for Locust Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Locust Grove is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Locust Grove
- The average income of a Locust Grove resident is $22,894 a year. The US average is $28,555 a year.
- The Median household income of a Locust Grove resident is $57,799 a year. The US average is $69,021 a year.