Springfield, GA Economy


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Springfield, GA is a small town in Georgia with many businesses and amenities. Some local companies include Springfield Auto Parts, G & S Tax Service, and Springfield Pharmacy. Living costs are relatively low compared to the national average. The rent for a two-bedroom apartment is $1,060 per month in Springfield versus the nationwide average of $1,430 per month. Grocery costs are also lower than the US average with an index score of 97 compared to 100 nationally. This cost of living makes Springfield an attractive place to live for those looking for practicality and affordability.

Springfield has an unemployment rate of 2.9%. The US average is 6.0%.

Springfield has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 44.0%, which is higher than the US average of 33.5%.

Tax Rates for Springfield
- The Sales Tax Rate for Springfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield 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 Springfield
- The average income of a Springfield resident is $17,451 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $59,931 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield, GeorgiaUnited States
  2.96
  -4.7%-6.2%
  44.0%33.5%
  7.0%6.2%
  5.8%4.6%
  $86,107$37,638
  $59,931$69,021
  $77,708$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  9.3%6.8%
  8.5%10.0%
  2.5%2.5%
  9.5%11.0%
  14.4%4.8%
  0.4%0.8%
  0.1%1.9%
  3.6%4.7%
  1.6%1.9%
  7.0%7.6%
  0.0%0.1%
  4.2%4.2%
  5.3%9.3%
  11.7%14.0%
  0.0%2.1%
  5.5%7.0%
  10.7%4.8%
  3.7%4.7%
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