Fairmount, GA is a small town located in Georgia. Famous for its impressive landscape, this town has become an attractive place to live and work. Businesses such as The Fairmount General Store, Miller's Custom Cabinets, and Keystone Paving have established themselves in the community. In addition to local businesses, the cost of living in Fairmount is much lower than the US average which makes it an affordable place to call home. 2 Bedroom Rent in Fairmount is $1,010 while the US average is $1,430. The Grocery Cost Index in Fairmount is 95 versus 100 in the US showing that groceries are more affordable here than elsewhere.
Fairmount has an unemployment rate of 3.2%. The US average is 6.0%.
Fairmount has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Fairmount
- The Sales Tax Rate for Fairmount is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairmount 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 Fairmount
- The average income of a Fairmount resident is $19,408 a year. The US average is $28,555 a year.
- The Median household income of a Fairmount resident is $57,000 a year. The US average is $69,021 a year.