Henry County · Georgia · South · 31k residents
McDonough, GA: economy, jobs & business costs
The site-selection read on McDonough: labor costs, talent, corporate tax, energy, and business activity, with the Georgia median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,022/wk. Georgia's corporate income tax rate is 5.19%. Commercial electricity averages 10.9¢/kWh.
Compare McDonough side by side
Avg. weekly wage
$1,022/wk
Corporate income tax
5.19%
Bachelor's degree or higher
28.5%
Commercial electricity
10.9¢/kWh
Economic momentum
How fast McDonough's economy is moving, ranked against the US cities we track.
5/100
Cooling
Ranks McDonough's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $314,600 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.9% |
| 1-bedroom rent | $1,572/mo |
| 2-bedroom rent | $1,675/mo |
| State & local income tax | 3.94% |
| Sales tax | 7.4% |
| Corporate income tax | 5.19% |
| Avg. weekly wage | $1,022/wk |
| Bachelor's degree or higher | 28.5% |
| Commercial electricity | 10.9¢/kWh |
| Businesses per 1k residents | 21.1/1k |
| Wage: Software developer | $132,960 |
| Wage: Registered nurse | $100,490 |
| Wage: General manager | $111,410 |
| Wage: Customer service | $42,710 |
| Wage: Warehouse worker | $36,160 |
| Wage: Heavy truck driver | $59,100 |
| Wage: Electrician | $58,650 |
| Wage: Retail salesperson | $32,850 |
| Cost of living index | 98 |
| Groceries index | 98 |
| Utilities | $175/mo |
| Transit pass | $95/mo |
| Gas price | $3.10/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $75,343 |
| Unemployment rate | 3.4% |
| Population | 31k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 79/100 |
| Avg. commute | 28 min |
| Sunny days / year | 218 days |
| July high | 92°F |
| January low | 32°F |
| Annual snowfall | — |
| Home price YoY | -2.9% |
| Home price MoM | -0.3% |
| Rent YoY | -0.4% |
| Rent MoM | -0.1% |
| Employment (jobs) YoY | -1.8% |
| Building permits YoY | -71.7% |
| Ocean coast | 217 mi |
| Big lake | 57 mi |
| Mountains | 95 mi |
| Major airport | 20 mi |
| Ski resort | 159 mi |
Popular comparisons
Nearby
- Stockbridge, GA · 36k
- Griffin, GA · 24k
- Stonecrest, GA · 61k
- Forest Park, GA · 20k
- Fayetteville, GA · 20k
Similar size
- Lawrenceville, GA · 31k
- Chamblee, GA · 31k
- Redan, GA · 31k
- LaGrange, GA · 32k
- Duluth, GA · 32k
Real listings in McDonough
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is McDonough a good place to run a business?
- Georgia's corporate income tax rate is 5.19%; average weekly wages in the surrounding labor market run $1,022/wk; commercial electricity averages 10.9¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in McDonough, GA?
- McDonough indexes at 98 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,675/mo and a acs median home value of $314,600.
- How much does a house cost in McDonough?
- The acs median home value in McDonough is $314,600 (Census ACS estimate; individual listings vary).
- How much is rent in McDonough?
- A two-bedroom in McDonough rents for about $1,675/mo.