Jakin, GA Economy


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United States / Georgia / No Metro Area / Early County / Jakin / Zip Codes
Jakin, GA is a small town located in the southeastern United States. It offers access to a variety of local amenities like grocery stores, restaurants, and entertainment venues. The cost of living in Jakin is very reasonable compared to other areas, with average 2 bedroom rent coming in at $700 per month, and the grocery cost index being 97 versus 100 in the US. Some notable local companies include Jakin Gas & Oil Co., Jensen Farms, and Bank of Jakin. With its low cost of living and plentiful businesses, Jakin is an ideal place to live for people looking to save money without sacrificing quality.

Jakin has an unemployment rate of 5.2%. The US average is 6.0%.

Jakin has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Jakin
- The Sales Tax Rate for Jakin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jakin 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 Jakin
- The average income of a Jakin resident is $15,905 a year. The US average is $28,555 a year.
- The Median household income of a Jakin resident is $45,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJakin, GeorgiaUnited States
  5.26
  -1.0%-6.2%
  38.1%33.5%
  8.0%6.2%
  5.8%4.6%
  $23,172$37,638
  $45,750$69,021
  $65,795$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.1%6.8%
  2.3%10.0%
  11.5%2.5%
  6.9%11.0%
  6.9%4.8%
  3.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.3%4.2%
  8.0%9.3%
  28.7%14.0%
  0.0%2.1%
  0.0%7.0%
  10.3%4.8%
  3.4%4.7%
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