Cave Spring, GA is a small town with a population of just over 1,400 people as of 2019. Known for its beautiful scenery and peaceful atmosphere, it is an attractive place to live for many people. The average two bedroom rent in Cave Spring is $970, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Cave Spring is 95 compared to 100 in the US making this an affordable area to live in terms of groceries. There are several local companies that call Cave Spring home including Howards Home Improvement, Designers Touch Salon & Barber Shop, and Ayeshas Middle Eastern Cuisine. All of these businesses are dedicated to offering high quality services at reasonable prices that make them great additions to Cave Springs economy. The cost of living overall in Cave Spring is quite affordable and provides ample opportunities for those looking for a rural lifestyle while still being close enough to larger cities like Atlanta.
Cave Spring has an unemployment rate of 3.7%. The US average is 6.0%.
Cave Spring has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Cave Spring
- The Sales Tax Rate for Cave Spring is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cave Spring 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 Cave Spring
- The average income of a Cave Spring resident is $17,775 a year. The US average is $28,555 a year.
- The Median household income of a Cave Spring resident is $34,219 a year. The US average is $69,021 a year.