Shannon, GA is a small town located in the southeastern region of the United States. It is known for its friendly community and an array of local businesses, such as Johnson Hardware, Yancy Farms Produce, Shannon Veterinary Clinic, and Bliss Bakery. The cost of living in Shannon is very affordable with rent for a two-bedroom apartment costing $900 per month on average compared to $1,430 throughout the nation. Similarly, when it comes to grocery costs, residents pay only 94% of what someone would pay nationwide. This makes living in Shannon not only economical but also provides quality services at a lower price than other regions in the country.
Shannon has an unemployment rate of 3.7%. The US average is 6.0%.
Shannon 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 Shannon
- The Sales Tax Rate for Shannon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shannon 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 Shannon
- The average income of a Shannon resident is $17,671 a year. The US average is $28,555 a year.
- The Median household income of a Shannon resident is $52,500 a year. The US average is $69,021 a year.