Folkston, GA Economy


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United States / Georgia / No Metro Area / Charlton County / Folkston / Zip Codes
Folkston, GA is a charming city located in Charlton County. It has many local businesses, such as The Folkston Pharmacy and Peach State Bank. The cost of living in the city is very affordable; for example, two bedroom rent in Folkston is only $780 compared to the US rate of $1,430. Additionally, the Grocery Cost Index of 96 versus 100 in the US means that food costs are relatively low too. Overall, Folkston offers an attractive combination of amenities and affordability for those looking to relocate.

Folkston has an unemployment rate of 3.7%. The US average is 6.0%.

Folkston has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Folkston
- The Sales Tax Rate for Folkston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Folkston 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 Folkston
- The average income of a Folkston resident is $17,142 a year. The US average is $28,555 a year.
- The Median household income of a Folkston resident is $23,151 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFolkston, GeorgiaUnited States
  3.76
  -1.4%-6.2%
  34.5%33.5%
  8.0%6.2%
  5.8%4.6%
  $15,062$37,638
  $23,151$69,021
  $28,942$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  13.9%10.0%
  0.0%2.5%
  15.9%11.0%
  2.0%4.8%
  0.0%0.8%
  3.7%1.9%
  1.8%4.7%
  1.3%1.9%
  2.7%7.6%
  1.7%0.1%
  8.7%4.2%
  7.4%9.3%
  8.7%14.0%
  8.0%2.1%
  8.2%7.0%
  1.3%4.8%
  11.2%4.7%
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