Nicholson, GA Economy


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Nicholson, GA is an excellent location for those looking to live in a smaller rural community with access to all the amenities of a larger city. The 2 bedroom rent in Nicholson is only $940 which is substantially lower than the US average of $1,430. Additionally, the cost of groceries in Nicholson is 96 whereas the US has an index of 100, making it a very affordable place to live. There are many local businesses available, such as Nicholson Farm Market and Mason’s Country Meats, that provide locally-sourced produce and meats at competitive prices. The town also offers plenty of recreation activities such as golfing at Oconee Course Club and a range of other outdoor activities. All in all, Nicholson provides an ideal rural lifestyle without sacrificing modern amenities.

Nicholson has an unemployment rate of 2.4%. The US average is 6.0%.

Nicholson has seen the job market increase by 5.3% 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 Nicholson
- The Sales Tax Rate for Nicholson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nicholson 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 Nicholson
- The average income of a Nicholson resident is $19,099 a year. The US average is $28,555 a year.
- The Median household income of a Nicholson resident is $44,973 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNicholson, GeorgiaUnited States
  2.46
  3.2%-6.2%
  68.3%33.5%
  7.0%6.2%
  5.8%4.6%
  $19,733$37,638
  $44,973$69,021
  $52,853$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.5%6.8%
  16.4%10.0%
  6.0%2.5%
  15.3%11.0%
  2.8%4.8%
  0.7%0.8%
  1.0%1.9%
  2.5%4.7%
  0.5%1.9%
  2.2%7.6%
  0.0%0.1%
  12.9%4.2%
  11.3%9.3%
  11.3%14.0%
  0.5%2.1%
  6.7%7.0%
  1.9%4.8%
  3.6%4.7%
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