Zip 31552 (Millwood, GA) Economy


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United States / Georgia / Waycross Metro Area / Ware County / No City / Millwood (zip 31552)
Millwood, GA is a small town located in southwestern Georgia. It has an estimated population of 31552 and a median resident age of 37.2 years. The cost of living in Millwood is relatively low, with the average 2 bedroom rent coming in at $850 compared to the US average of $1,430. Additionally, the local grocery cost index is 92 compared to the national average of 100. Local companies that serve Millwood include Miller County Hospital, South Georgia Technical College, and Southern Regional Medical Center. There are also plenty of small businesses providing goods and services throughout the area such as clothing stores, restaurants, banks, auto repair shops and more.

Millwood (zip 31552) has an unemployment rate of 3.8%. The US average is 6.0%.

Millwood (zip 31552) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 50.5%, which is higher than the US average of 33.5%.

Tax Rates for Millwood (zip 31552)
- The Sales Tax Rate for Millwood (zip 31552) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Millwood (zip 31552) 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 Millwood (zip 31552)
- The average income of a Millwood (zip 31552) resident is $18,672 a year. The US average is $37,638 a year.
- The Median household income of a Millwood (zip 31552) resident is $37,479 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillwood, GeorgiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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