Zip 31405 (Savannah, GA) Economy


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Savannah, Georgia in the zip code 31405 is a great place to live. The two bedroom rent rate in Savannah is $1,220 which is relatively cheaper than the US average of $1,430. Additionally, the grocery cost index in Savannah is 97 compared to 100 in the US. This makes it an affordable option for those looking to save money. There are plenty of local companies to explore as well such as Gulfstream Aerospace Corporation, Sava Senior Care and MCG Health Incorporated. Whether you're looking for a place to call home or a career opportunity, Savannah 31405 has something for everyone!

Savannah (zip 31405) has an unemployment rate of 5.4%. The US average is 6.0%.

Savannah (zip 31405) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Savannah (zip 31405)
- The Sales Tax Rate for Savannah (zip 31405) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Savannah (zip 31405) 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 Savannah (zip 31405)
- The average income of a Savannah (zip 31405) resident is $25,251 a year. The US average is $28,555 a year.
- The Median household income of a Savannah (zip 31405) resident is $51,504 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySavannah, GeorgiaUnited States
  5.46
  -4.8%-6.2%
  38.5%33.5%
  7.0%6.2%
  5.8%4.6%
  $32,424$37,638
  $51,504$69,021
  $65,694$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.7%6.8%
  8.3%10.0%
  2.1%2.5%
  9.0%11.0%
  8.3%4.8%
  0.3%0.8%
  2.1%1.9%
  3.3%4.7%
  2.4%1.9%
  7.7%7.6%
  0.1%0.1%
  5.5%4.2%
  8.6%9.3%
  14.8%14.0%
  2.3%2.1%
  7.4%7.0%
  5.7%4.8%
  4.3%4.7%
Reviews for Savannah
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Over 17 years ago

Pretty Decenct neighborhood with middle-high income  More

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