Odum, GA is a charming small town located in Wayne County. It is known for its attractive scenery, friendly people and affordable living costs. The average rent for a 2 bedroom apartment in Odum is $840 which is significantly lower than the national average of $1,430. Groceries also cost less in Odum with a grocery cost index of 95 compared to 100 in the US. \nLocal companies include Wayne Memorial Hospital, Wayne County Development Authority and Community Bank & Trust of Cochran. There are also several retail stores, auto repair shops, restaurants and churches that help make up the local economy.
Odum has an unemployment rate of 3.8%. The US average is 6.0%.
Odum 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 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Odum
- The Sales Tax Rate for Odum is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Odum 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 Odum
- The average income of a Odum resident is $19,691 a year. The US average is $28,555 a year.
- The Median household income of a Odum resident is $47,750 a year. The US average is $69,021 a year.