Omega, GA Economy


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Omega, GA is a small town located in the southeastern corner of the state. It is known for its peaceful atmosphere and low cost of living. In Omega, there are local businesses such as Omega Hardware Store, Omega Bank, and Omega Grocery Store. The average cost for a two-bedroom rental property is $770 per month. This is significantly less than the national average of $1,430 per month for two-bedroom rentals. With a Grocery Cost Index at 93 compared to 100 on the national level, living in Omega can be an affordable option for those looking for a peaceful place to call home.

Omega has an unemployment rate of 3.6%. The US average is 6.0%.

Omega has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.

Tax Rates for Omega
- The Sales Tax Rate for Omega is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Omega 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 Omega
- The average income of a Omega resident is $7,595 a year. The US average is $28,555 a year.
- The Median household income of a Omega resident is $38,836 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOmega, GeorgiaUnited States
  3.66
  -0.9%-6.2%
  40.7%33.5%
  8.0%6.2%
  5.8%4.6%
  $16,132$37,638
  $38,836$69,021
  $47,935$85,028
  Population by Occupation
  13.1%1.2%
  0.0%0.5%
  25.5%6.8%
  5.1%10.0%
  5.6%2.5%
  13.5%11.0%
  8.4%4.8%
  0.6%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.7%4.2%
  6.4%9.3%
  6.2%14.0%
  0.0%2.1%
  6.7%7.0%
  4.9%4.8%
  0.4%4.7%
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