Fargo, GA is a great city for those looking to enjoy a small-town feel with big city amenities. This small town is located in Georgia's Low Country region and is home to a variety of businesses and attractions. The cost of living in Fargo is lower than the national average, with two bedroom rents costing $760 per month compared to $1,430 nationally. Additionally, the Grocery Cost Index in Fargo is 94 versus 100 in the US. There are several local companies that make up this vibrant community such as Bankhead Services LLC, D&H Warehouses Inc., and Tasty Treats Bakery. With its affordable cost of living and thriving economy, Fargo offers something for everyone.
Fargo has an unemployment rate of 3.1%. The US average is 6.0%.
Fargo has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Fargo
- The Sales Tax Rate for Fargo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fargo 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 Fargo
- The average income of a Fargo resident is $16,893 a year. The US average is $28,555 a year.
- The Median household income of a Fargo resident is $64,156 a year. The US average is $69,021 a year.