Commerce, GA is an affordable city with a low cost of living compared to the US average. 2 bedroom rent in Commerce is $1,140, which is significantly lower than the US average rent of $1,430. Grocery costs index in Commerce is 95 compared to 100 for the US as a whole. This means that people who live in Commerce are able to get more for their money when purchasing groceries. Additionally, Commerce is home to several local businesses such as The Fresh Market, Fox’s Pizza Den and Sawnee Mountain BBQ that offer quality products at competitive prices. These businesses allow residents of Commerce to save money while still enjoying top-notch services and products.
Commerce has an unemployment rate of 2.4%. The US average is 6.0%.
Commerce has seen the job market increase by 3.2% 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 Commerce
- The Sales Tax Rate for Commerce is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Commerce 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 Commerce
- The average income of a Commerce resident is $22,705 a year. The US average is $37,638 a year.
- The Median household income of a Commerce resident is $60,009 a year. The US average is $69,021 a year.