Zip 30566 (Oakwood, GA) Economy


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Oakwood, GA (zip code 30566) is a small town situated in the northern part of Georgia. This charming community offers its residents an affordable cost of living with two bedroom rental prices averaging at $1,210 compared to the nationwide average of $1,430. Grocery costs here are also relatively lower than other areas with local index ratings at 95 compared to the national index rating of 100. The town has many amenities that make life comfortable such as access to leading healthcare providers Emory University Orthopaedics & Spine Hospital and Northeast Georgia Medical Center Gainesville. Education opportunities are available through nearby institutions like Lanier Technical College and the University of North Georgia. For recreational activities, locals can visit nearby parks like Richard B. Russell State Park and Lake Sidney Lanier or enjoy a lunch out at popular eateries like Las Palmas Mexican Restaurant and Hokey Poke Bowls & More.

Oakwood (zip 30566) has an unemployment rate of 2.6%. The US average is 6.0%.

Oakwood (zip 30566) 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 53.5%, which is higher than the US average of 33.5%.

Tax Rates for Oakwood (zip 30566)
- The Sales Tax Rate for Oakwood (zip 30566) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakwood (zip 30566) 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 Oakwood (zip 30566)
- The average income of a Oakwood (zip 30566) resident is $22,677 a year. The US average is $28,555 a year.
- The Median household income of a Oakwood (zip 30566) resident is $59,579 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakwood, GeorgiaUnited States
  2.66
  -2.7%-6.2%
  53.5%33.5%
  7.0%6.2%
  5.8%4.6%
  $29,631$37,638
  $59,579$69,021
  $76,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.5%6.8%
  15.2%10.0%
  1.0%2.5%
  18.2%11.0%
  3.4%4.8%
  0.5%0.8%
  1.3%1.9%
  1.2%4.7%
  1.1%1.9%
  3.2%7.6%
  0.6%0.1%
  6.3%4.2%
  7.9%9.3%
  9.1%14.0%
  1.8%2.1%
  10.3%7.0%
  5.3%4.8%
  2.1%4.7%
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