Albany, GA (zip code 31701) is a great place to live because it offers plenty of amenities at an affordable price. The average two bedroom rent in Albany is only $800 compared to the US average of $1,430, making it one of the most cost effective options in the area. The Grocery Cost Index in Albany is even better, clocking in at 90 compared to the US average of 100. This means a majority of your income won't be eaten up by groceries. Local businesses like Piggly Wigglies, Crowe's Food Store and Big Daddys Discount Groceries can help you get groceries at a discounted rate. Other companies like Alagasco, Northwest Georgia Gas Company and All South Electrical Cooperatives are perfect for taking care of utility needs.
Albany (zip 31701) has an unemployment rate of 6.7%. The US average is 6.0%.
Albany (zip 31701) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for Albany (zip 31701)
- The Sales Tax Rate for Albany (zip 31701) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 31701) 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 Albany (zip 31701)
- The average income of a Albany (zip 31701) resident is $13,685 a year. The US average is $28,555 a year.
- The Median household income of a Albany (zip 31701) resident is $32,609 a year. The US average is $69,021 a year.