Zip 31643 (Quitman, GA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
31643 Quitman, GA is a small city located in the southwestern corner of Georgia. It is known for its rural charm and friendly atmosphere. The population of 31643 Quitman, GA as of 2020 is estimated at 5,527 people. Despite its relatively small size, 31643 Quitman, GA has a lot to offer. The 2 Bedroom Rent in the city amounts to $790 which is significantly lower than the US average of $1,430 per month. This can be attributed to overall lower costs of living within the area. The Grocery Cost Index in 31643 Quitman, GA stands at 94 versus 100 in the US which further supports this notion. Local companies operating in this region include University Tire & Auto Center, G&G Small Engine Repair and Smith Shrine Furniture Store among others. All these businesses provide employment opportunities for local residents and help sustain a fair economy that contributes to lower housing costs.

Quitman (zip 31643) has an unemployment rate of 3.8%. The US average is 6.0%.

Quitman (zip 31643) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Quitman (zip 31643)
- The Sales Tax Rate for Quitman (zip 31643) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Quitman (zip 31643) 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 Quitman (zip 31643)
- The average income of a Quitman (zip 31643) resident is $18,480 a year. The US average is $28,555 a year.
- The Median household income of a Quitman (zip 31643) resident is $38,598 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuitman, GeorgiaUnited States
  3.86
  -2.3%-6.2%
  41.0%33.5%
  8.0%6.2%
  5.8%4.6%
  $24,765$37,638
  $38,598$69,021
  $57,054$85,028
  Population by Occupation
  3.5%1.2%
  0.0%0.5%
  4.8%6.8%
  14.7%10.0%
  1.3%2.5%
  13.5%11.0%
  4.5%4.8%
  2.6%0.8%
  0.7%1.9%
  2.4%4.7%
  0.6%1.9%
  1.2%7.6%
  0.0%0.1%
  2.3%4.2%
  7.4%9.3%
  12.0%14.0%
  0.1%2.1%
  9.7%7.0%
  10.2%4.8%
  8.7%4.7%
Health