Zip 30507 (Gainesville, GA) Economy


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Gainesville, GA (30507) has an average two-bedroom rent of $1,130 which is significantly lower than the national average of $1,430. Additionally, grocery costs in Gainesville are 5% less than the national index. This makes Gainesville an attractive city for those looking for a more affordable living situation. The city is home to many large companies like Hood Packaging Corporation and JM Huber Corporation that provide numerous job opportunities for locals and those relocating to the area. Smaller businesses such as North Georgia Golf Carts, Napa Auto Parts, and Lakeview Appliances also employ many members of the community.

Gainesville (zip 30507) has an unemployment rate of 3.0%. The US average is 6.0%.

Gainesville (zip 30507) 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 57.0%, which is higher than the US average of 33.5%.

Tax Rates for Gainesville (zip 30507)
- The Sales Tax Rate for Gainesville (zip 30507) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 30507) 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 Gainesville (zip 30507)
- The average income of a Gainesville (zip 30507) resident is $16,301 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 30507) resident is $57,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, GeorgiaUnited States
  36
  -2.7%-6.2%
  57.0%33.5%
  7.0%6.2%
  5.8%4.6%
  $22,175$37,638
  $57,375$69,021
  $65,248$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  11.9%6.8%
  24.0%10.0%
  3.1%2.5%
  12.4%11.0%
  8.8%4.8%
  1.1%0.8%
  0.7%1.9%
  2.4%4.7%
  0.7%1.9%
  1.8%7.6%
  0.1%0.1%
  3.6%4.2%
  5.9%9.3%
  8.7%14.0%
  0.7%2.1%
  5.1%7.0%
  5.9%4.8%
  1.4%4.7%
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