Toccoa, Georgia (30577) is an ideal location for people looking for affordable living. The average 2 bedroom rent in this area is $830, significantly less than the US average of $1,430. Additionally, the Grocery Cost Index is 94 versus 100 in the US, indicating a lower cost of groceries. This combination makes Toccoa one of the most affordable areas in Georgia.
Local businesses are important to the economy of Toccoa and include companies such as Currahee Club, Big Canoe Property Services and Event Athens. Currahee Club provides private golf club memberships with access to sports facilities as well as residential properties which provide job security and economic growth to this small city. Big Canoe Property Services manages both vacant and occupied residential properties helping to create homes for residents. Event Athens hosts large scale events such as weddings giving work opportunities to local vendors who rely on these events to make a livable wage. All of these businesses have a positive impact on the local economy by providing jobs for citizens, opportunities for growth and an influx of cash into Toccoa's economy making it one of Georgia's most desirable places to live.
Toccoa (zip 30577) has an unemployment rate of 4.5%. The US average is 6.0%.
Toccoa (zip 30577) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Toccoa (zip 30577)
- The Sales Tax Rate for Toccoa (zip 30577) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Toccoa (zip 30577) 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 Toccoa (zip 30577)
- The average income of a Toccoa (zip 30577) resident is $19,346 a year. The US average is $28,555 a year.
- The Median household income of a Toccoa (zip 30577) resident is $48,633 a year. The US average is $69,021 a year.