Pelham, GA is a great place to live due to its affordable cost of living. The average rent for a two-bedroom apartment in Pelham is $780 compared to the national average of $1,430. Additionally, the grocery cost index in Pelham is 94 versus 100 in the US, making it more affordable than most places. There are a number of local businesses that contribute to the local economy such as Mike’s Variety Store and Bulloch Drug Store. These companies represent the warm hospitality that is often associated with small towns like Pelham. With its low rent costs and abundance of local businesses, Pelham stands out as an ideal place for those looking for a balanced lifestyle at an affordable price.
Pelham has an unemployment rate of 5.3%. The US average is 6.0%.
Pelham has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Pelham
- The Sales Tax Rate for Pelham is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pelham 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 Pelham
- The average income of a Pelham resident is $13,811 a year. The US average is $28,555 a year.
- The Median household income of a Pelham resident is $33,138 a year. The US average is $69,021 a year.