Banks, GA County is a great place to live with affordable rent costs. The average rent for a two-bedroom apartment in Banks is just $810 per month, compared to the US average of $1,430. Additionally, the grocery cost index in Banks is 95 points, lower than the national average. Not only does this make it a desirable place to live, but there are plenty of local businesses that help support the local economy. Some of these companies include White Oak Landscape Services, GB Farms & Garden Center, and J&D's Automotive Repair. All of these businesses offer quality services at competitive prices and help stimulate the local economy.
Banks County has an unemployment rate of 2.6%. The US average is 6.0%.
Banks County has seen the job market increase by 4.4% over the last year. Future job growth over the next ten years is predicted to be 64.1%, which is higher than the US average of 33.5%.
Tax Rates for Banks County
- The Sales Tax Rate for Banks County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Banks County 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 Banks County
- The average income of a Banks County resident is $20,433 a year. The US average is $28,555 a year.
- The Median household income of a Banks County resident is $57,893 a year. The US average is $69,021 a year.