Thunderbolt, GA Economy


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Thunderbolt, Georgia is a small town situated on the coast of Savannah. It has a unique mix of city amenities and rural charm. The rental market in Thunderbolt is quite competitive, with a two bedroom apartment costing approximately $1,200. This is lower than the US average of $1,430. Grocery costs are also lower here than elsewhere in the US, with an index score of 94 compared to 100 nationally.
Local businesses that can be found in Thunderbolt include the Halyard Restaurant & Bar which features fresh seafood dishes and waterfront views, Elizabeth on 37th which offers award winning Southern cuisine, and Back In The Day Bakery which specializes in homemade treats. Additionally there is a local art gallery called Red Bird Art Gallery which showcases works from up-and-coming artists from around the world.

Thunderbolt has an unemployment rate of 4.4%. The US average is 6.0%.

Thunderbolt 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 Thunderbolt
- The Sales Tax Rate for Thunderbolt is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thunderbolt 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 Thunderbolt
- The average income of a Thunderbolt resident is $27,073 a year. The US average is $28,555 a year.
- The Median household income of a Thunderbolt resident is $58,689 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThunderbolt, GeorgiaUnited States
  4.46
  -4.8%-6.2%
  39.1%33.5%
  7.0%6.2%
  5.8%4.6%
  $36,479$37,638
  $58,689$69,021
  $66,890$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.4%6.8%
  2.9%10.0%
  0.4%2.5%
  16.0%11.0%
  7.9%4.8%
  0.0%0.8%
  4.8%1.9%
  2.0%4.7%
  6.9%1.9%
  4.0%7.6%
  0.0%0.1%
  4.4%4.2%
  14.5%9.3%
  6.0%14.0%
  1.8%2.1%
  11.0%7.0%
  3.1%4.8%
  3.8%4.7%
Reviews for Thunderbolt
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Over 15 years ago

I lived in Savannah for 55 years. GREAT DOCTORS ! GREAT RESTAURANTS ! Savannah (THUNDERBOLT) is a beautiful place to live  More

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