Gainesville, GA Economy


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Gainesville, GA is a small city located in North Georgia. Despite its size, this city is packed with charm and excitement. The cost of living in Gainesville is significantly lower than many other places in the US, with a two bedroom rental only costing $1,170 per month compared to $1,430 across the nation. Additionally, grocery costs are also below average at 95 versus 100 nationally.
The city of Gainesville has numerous cultural attractions such as theaters, museums and parks which provide plentiful opportunities for residents to explore the area and enjoy activities like camping and picnics. Gainingesville is also home to multiple well-known companies such as Piedmont Healthcare and Mohawk Industries whose presence injects wealth into the local economy. In addition to its cultural offerings and businesses, locals pride themselves on their Southern hospitality which can be seen through family-oriented events and gatherings that often take place throughout the year.

Gainesville has an unemployment rate of 3.0%. The US average is 6.0%.

Gainesville has seen the job market increase by 4.4% over the last year. Future job growth over the next ten years is predicted to be 57.0%, which is higher than the US average of 33.5%.

Tax Rates for Gainesville
- The Sales Tax Rate for Gainesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gainesville 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 Gainesville
- The average income of a Gainesville resident is $19,792 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville resident is $57,258 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, GeorgiaUnited States
  36
  -2.7%-6.2%
  57.0%33.5%
  7.0%6.2%
  5.8%4.6%
  $30,115$37,638
  $57,258$69,021
  $64,551$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.5%6.8%
  22.3%10.0%
  3.0%2.5%
  9.7%11.0%
  4.9%4.8%
  1.7%0.8%
  0.7%1.9%
  2.2%4.7%
  1.8%1.9%
  4.1%7.6%
  0.0%0.1%
  4.0%4.2%
  8.3%9.3%
  11.5%14.0%
  1.0%2.1%
  7.9%7.0%
  4.9%4.8%
  2.5%4.7%
Reviews for Gainesville
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Over 9 years ago

Don't know if it is the proximity to Atlanta that keeps prices high or the rural/frugal thinking that keeps housing opportunities at a minimum, but after living here for  More

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I moved to Gainesville,Ga in 2010 from NYC and I have found it's a great place to raise your childrens and a good quality of life.It's a good place to live. Gainesville  More

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Over 15 years ago

This is a great place to live if you like the country feel and enjoy all 4 seasons. Nice people and lots to  More

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