Talmo, GA is a small town located in Jackson County, Georgia with an estimated population of 1,265. It is known for its low cost of living; the average rent for a two-bedroom apartment is $990, which is 33% lower than the national average. The grocery cost index in Talmo is 96, as compared to 100 in the US. This makes it a great destination for those looking to save money on everyday expenses. The local economy consists of companies like Kasco Builders Inc., Talmo Auto Parts Inc., and Ryan Ready Mix Inc.. All these businesses demonstrate that Talmo is an affordable place to live with plenty of job opportunities. In summary, Talmo offers residents a reasonable cost of living and access to jobs that make it worth considering as a potential home or vacation spot.
Talmo has an unemployment rate of 2.4%. The US average is 6.0%.
Talmo has seen the job market increase by 5.3% over the last year. Future job growth over the next ten years is predicted to be 68.3%, which is higher than the US average of 33.5%.
Tax Rates for Talmo
- The Sales Tax Rate for Talmo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Talmo 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 Talmo
- The average income of a Talmo resident is $27,318 a year. The US average is $28,555 a year.
- The Median household income of a Talmo resident is $75,000 a year. The US average is $69,021 a year.