Zip 31602 (Valdosta, GA) Economy


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Valdosta, Georgia is an attractive city to consider for relocation. The two bedroom rent here is just $940 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Valdosta is 95 versus the 100 US average. This makes it a much more affordable option for those considering relocating.
Valdosta has many businesses including local banking chains such as Renasant Bank and South Georgia Banking Company as well as large retail stores such as Walmart and Publix Super Markets Inc. There are also plenty of services available in Valdosta from doctors and dentists to lawyers and accountants.
The city is home to plenty of tourist attractions including Wild Adventures Theme Park, Grand Bay Wildlife Management Area, Reed Bingham State Park, Okefenokee Swamp Park and the James H Rainwater Conference Center. Additionally there are many museums such as Lowndes County Historical Society Museum, Mattox House Historic Site and Turtle Pond Farm Museum which provide interesting insights into the history of Valdosta.

Valdosta (zip 31602) has an unemployment rate of 5.0%. The US average is 6.0%.

Valdosta (zip 31602) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Valdosta (zip 31602)
- The Sales Tax Rate for Valdosta (zip 31602) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valdosta (zip 31602) 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 Valdosta (zip 31602)
- The average income of a Valdosta (zip 31602) resident is $24,193 a year. The US average is $37,638 a year.
- The Median household income of a Valdosta (zip 31602) resident is $47,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValdosta, GeorgiaUnited States
  56
  -2.7%-6.2%
  37.2%33.5%
  8.0%6.2%
  5.8%4.6%
  $24,193$37,638
  $47,821$69,021
  $65,643$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.3%6.8%
  7.5%10.0%
  2.7%2.5%
  16.1%11.0%
  2.4%4.8%
  1.1%0.8%
  2.4%1.9%
  2.5%4.7%
  3.0%1.9%
  3.1%7.6%
  0.0%0.1%
  7.1%4.2%
  10.6%9.3%
  13.0%14.0%
  3.7%2.1%
  10.1%7.0%
  3.5%4.8%
  5.8%4.7%
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