Economy in Georgia

Georgia State is a great place to live with a low cost of living. The two bedroom rent in Georgia State is $1,280 which is significantly lower than the US average of $1430. Additionally, the Grocery Cost Index in Georgia State is 96 compared to 100 in the US. There are several large companies located in Georgia State such as Coca-Cola, Home Depot, Delta Air Lines and UPS. All these major companies make it an ideal city for those looking for employment opportunities along with a low cost of living.

Georgia has an unemployment rate of 4.0%. The US average is 6.0%.

Georgia has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 43.9%, which is higher than the US average of 33.5%.

Tax Rates for Georgia
- The Sales Tax Rate for Georgia is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Georgia 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 Georgia
- The average income of a Georgia resident is $25,427 a year. The US average is $28,555 a year.
- The Median household income of a Georgia resident is $65,030 a year. The US average is $69,021 a year.