McDonough, GA is a popular city located in the southern region of the United States. It is known for its warm climate and abundance of recreational activities. The city has a population of nearly 23,000 people and is home to many successful businesses such as Vaden Automotive Group, Rheem Manufacturing Company, and Walton EMC. In terms of housing, the average rent for a two bedroom is $1,580 which is slightly higher than the national average of $1,430. Additionally, the grocery cost index in McDonough is 96 compared to 100 in the US. Visitors to McDonough can enjoy attractions like Heritage Park Amphitheater which hosts various concerts throughout the year or Southern Belle Farm which offers corn mazes and hayrides. All in all, McDonough is an ideal place to live and visit!
McDonough has an unemployment rate of 6.6%. The US average is 6.0%.
McDonough 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 McDonough
- The Sales Tax Rate for McDonough is 7.0%. The US average is 7.3%.
- The Income Tax Rate for McDonough 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 McDonough
- The average income of a McDonough resident is $20,296 a year. The US average is $28,555 a year.
- The Median household income of a McDonough resident is $73,215 a year. The US average is $69,021 a year.