Fayette, GA County is an attractive location for those looking for affordable living. The average two bedroom rent in the county is $1,550, which is lower than the US average of $1,430. The grocery cost index in Fayette is also reasonable at 100 versus the national average of 100. Local companies are a significant part of the economy with businesses such as Fayette Plastics offering manufacturing services; Piedmont Automotive providing repair work; and Peach State Federal Credit Union offering banking services. Many other businesses exist in different sectors to make Fayette an economic hub.
Fayette County has an unemployment rate of 3.0%. The US average is 6.0%.
Fayette County has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Fayette County
- The Sales Tax Rate for Fayette County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fayette 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 Fayette County
- The average income of a Fayette County resident is $46,522 a year. The US average is $37,638 a year.
- The Median household income of a Fayette County resident is $96,084 a year. The US average is $69,021 a year.