Lookout Mountain, GA is a great place for those looking to live nearby Chattanooga with an affordable cost of living. Renting a two bedroom in Lookout Mountain, GA is $1,100 compared to the US 2 bedroom rent of $1,430 and the Groceries Cost Index in Lookout Mountain is 103 versus 100 in the US. This area offers plenty of attractions and businesses including the Lookout Mountain Flight Park, The Fairyland Club, and Rock City Gardens. Local companies such as McKee Foods Corporation, Rock/Creek Outfitters and Southern Carpet have their headquarters in this city. With its friendly atmosphere and low cost of living, Lookout Mountain is an attractive place to live.
Lookout Mountain has an unemployment rate of 2.9%. The US average is 6.0%.
Lookout Mountain has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.
Tax Rates for Lookout Mountain
- The Sales Tax Rate for Lookout Mountain is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lookout Mountain 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 Lookout Mountain
- The average income of a Lookout Mountain resident is $47,432 a year. The US average is $28,555 a year.
- The Median household income of a Lookout Mountain resident is $128,611 a year. The US average is $69,021 a year.