Economy in Canton, GA

Canton, GA is a bustling city located in the metro Atlanta area. This city offers many amenities including an affordable cost of living. The average two bedroom rent in Canton is $1,500 compared to $1,430 on a national level, and the grocery cost index in Canton is 99 versus 100 in the US. Popular local companies include the manufacturing company Petovello Industries Inc., and the home improvement store Lowe's Home Improvement. Canton also boasts many locally owned restaurants such as The Bistro at BridgeMill and El Charrito Mexican Grill & Bar. With its affordable cost of living and thriving businesses, Canton is an excellent place to live and work.

Canton has an unemployment rate of 2.7%. The US average is 6.0%.

Canton has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 49.9%, which is higher than the US average of 33.5%.

Tax Rates for Canton
- The Sales Tax Rate for Canton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Canton 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 Canton
- The average income of a Canton resident is $22,220 a year. The US average is $28,555 a year.
- The Median household income of a Canton resident is $67,355 a year. The US average is $69,021 a year.