Valdosta, GA Metro Area is a great place to live. With an average two bedroom rent of $900, it's much cheaper than the national average of $1,430. The Grocery Cost Index for the area is 95 versus 100 in the US, making food costs more affordable too. The city has a strong economy with many local corporations and businesses such as Ashley HomeStore, Georgia-Pacific Corporation, Lowe’s Home Improvement Warehouse and Procter & Gamble. There are also several other industries that contribute to Valdosta's economic growth, such as agriculture, healthcare services, manufacturing, education and tourism. Overall Valdosta offers a strong economy which benefits both its residents and visitors alike.
Valdosta Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.
Valdosta Metro Area has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Valdosta Metro Area
- The Sales Tax Rate for Valdosta Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valdosta Metro Area 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 Valdosta Metro Area
- The average income of a Valdosta Metro Area resident is $19,129 a year. The US average is $28,555 a year.
- The Median household income of a Valdosta Metro Area resident is $46,092 a year. The US average is $69,021 a year.