Menlo, GA is a small city located in northwest Georgia. It is an affordable community with a population of less than 1000 people. It is known for its excellent quality of life, low crime rate, and historic downtown area. The cost of living in Menlo, GA is significantly lower than the US average primarily due to its housing and grocery costs. 2 bedroom rent in Menlo, GA averages around $760 compared to the US average of $1,430. Similarly, Menlo's Grocery Cost Index is 94 versus 100 in the United States making grocery items more affordable for residents. The city also has several local companies that provide employment opportunities such as The Menlo Mercantile and Young’s Heating & Air Conditioning Services which have been staples of the community for many years. Overall, living in Menlo is great value for money considering its proximity to larger cities such as Atlanta and Chattanooga.
Menlo has an unemployment rate of 4.7%. The US average is 6.0%.
Menlo has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Menlo
- The Sales Tax Rate for Menlo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Menlo 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 Menlo
- The average income of a Menlo resident is $24,288 a year. The US average is $37,638 a year.
- The Median household income of a Menlo resident is $34,167 a year. The US average is $69,021 a year.