Talahi Island, GA is a thriving community located in Chatham County on the Georgia coast. It's known for its pristine beaches, historic downtown area, and abundance of recreational activities. Additionally, the cost of living in Talahi Island is slightly higher than the national average. The average rent for a two bedroom apartment in Talahi Island is $1,490 compared to the US average of $1,430. This is due to an increased demand for housing from businesses such as Hilton Head Hospital and Oceanis Technology Solutions that are based in the area. The grocery cost index for Talahi Island was 103 compared to 100 for the nation as whole, indicating that food costs are also slightly higher than typical. All told living in Talahi Island provides access to great amenities at a slightly higher price tag than most other areas of the country.
Talahi Island has an unemployment rate of 4.4%. The US average is 6.0%.
Talahi Island has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Talahi Island
- The Sales Tax Rate for Talahi Island is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Talahi Island 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 Talahi Island
- The average income of a Talahi Island resident is $40,129 a year. The US average is $28,555 a year.
- The Median household income of a Talahi Island resident is $105,446 a year. The US average is $69,021 a year.