31032 Gray, Georgia is a great place to live due to its low cost of living. The average 2 bedroom rent in this area is $960 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in 31032 Gray is 94 versus 100 in the US, making it an affordable place to shop for groceries. Because of these factors, residents here can enjoy a better quality of life with more disposable income.
There are many local businesses located in 31032 Gray that provide goods and services to its citizens. Some popular companies include: O’Neal Auto Parts, Magnolia Lane Restaurant & Bar, First Bank & Trust Company and Moon’s Used Cars & Trucks. These businesses offer employment opportunities as well as goods and services that are essential to daily life in the area.
Gray (zip 31032) has an unemployment rate of 3.0%. The US average is 6.0%.
Gray (zip 31032) has seen the job market decrease by -4.3% 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 Gray (zip 31032)
- The Sales Tax Rate for Gray (zip 31032) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gray (zip 31032) 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 Gray (zip 31032)
- The average income of a Gray (zip 31032) resident is $27,922 a year. The US average is $37,638 a year.
- The Median household income of a Gray (zip 31032) resident is $65,115 a year. The US average is $69,021 a year.