If you live in Fair Oaks, GA, you may be wondering how much car insurance costs in the city. Here are some statistics on the area. The average income and salary for Fair Oaks residents are listed. The average cost of car insurance in Fair Oaks, GA is also listed. You can also find out how much car insurance costs after a DUI in Fair Oaks.

Average annual salary in Fair Oaks, GA

Fair Oaks, GA is a city in Georgia, United States. As of 2020, the city's population is estimated to be 9,188 people, making it the 114th largest in Georgia. It ranks 4395th in the nation. Fair Oaks' population is growing at a modest pace, with an estimated population density of 4,658 people per square mile.

Among Fair Oaks's population, 7% are college-educated, and the primary industry in the city is construction and retail, accounting for over two-thirds of the total workforce. The average annual salary for these workers is $45K, less than the state and national averages.

Fair Oaks's median household income is $37,768 per year, which is slightly below the U.S. average, but it is within the 18th percentile. Income is correlated most strongly with education, with 13% of adults holding bachelor's degrees or higher. Income in Fair Oaks varies by neighborhood, with higher incomes in the northeast and lower income areas.

The median property value in Fair Oaks, GA was $156,800 in 2020. The homeownership rate was 40.7% in 2016, and 80% of residents walked or drove to work. The average commute time was 28.1 minutes. Fair Oaks, GA has a population of 9.45k. Seventy-five percent of the population is American, while thirty-one percent is from another country.

The most common language spoken in households in Fair Oaks, GA is English. Seventy-five percent of Fair Oaks, GA residents are U.S. citizens. The town's largest university is Chattahoochee Technical College, which awarded 4,301 degrees in 2020.

Average annual income of residents in Fair Oaks, GA

According to the US Census Bureau, the average annual income of residents in Fair Oaks, Georgia is $56,438. This figure includes the average household income of Fair Oaks residents and the average net worth of Fair Oaks households. The wealth index measures how well-off residents are relative to the national average. A value above 100 indicates affluence, and a value below zero indicates poverty. In Fair Oaks, the three most common occupational groups are construction & extraction, office & administrative support, and sales.

In 2020, the population of Fair Oaks, GA decreased from 9.518 to 9.447. Its median household income increased by 13.7% from last year. The median household income was $38,832 in 2019, and rose to $46,699 in 2020. The population of Fair Oaks is largely composed of Americans, and those of Hispanic descent make up 69.9% of the population.

Fair Oaks is located in north-central Georgia, near the Appalachian Mountains. The area has mild weather, with pleasant temperatures in May and September. It is coldest during January. The average age of residents is 28.2, but that is a lot lower than the national average, at 36.

Fair Oaks has a low cost of living. The median price of a single-family home in Fair Oaks is $225,258, which is cheaper than 62.4% of Georgian households. The average rent is $1,719, which is less expensive than 51.6% of other neighborhoods in Georgia.

In Fair Oaks, GA, most residents commute to work by vehicle. Many of them carpool with neighbors, friends, and co-workers. Having a car is important to many residents as it makes it easier to get to work.

Average annual cost of car insurance in Fair Oaks, GA

The average annual cost of car insurance in Fair Oaks depends on a few factors. First, drivers with excellent credit are likely to pay less than those with poor credit. Drivers with bad credit can expect to pay up to $1,169 more per year. Zip code is also an important consideration. If you live in a zip code that is considered high risk for theft, your insurance premiums may be higher.

Fair Oaks, GA's population is diverse. About 75% of residents are US citizens. In 2020, that number is expected to rise to 75 percent. The second most common racial or ethnic group is non-Hispanic. About 4% of residents in Fair Oaks are foreign-born.

Another factor in car insurance rates is age. Younger drivers are generally higher risks for accidents than older drivers. In addition, a driver's gender affects the amount they pay. Younger drivers have less experience driving, so they are more likely to face higher insurance premiums. Middle-aged drivers will typically pay lower premiums.

Car insurance premiums can vary greatly by city. Cities with higher population densities tend to have higher rates for accidents. However, drivers can find more affordable insurance if they shop around. They can find liability-only car insurance or low-deductible comprehensive insurance. These policies are often more affordable than full coverage, so don't be afraid to shop around.

Fair Oaks, GA residents earn a median annual income of $46,699. This is less than the $64,994 median income in the U.S.

Average annual cost of car insurance after DUI in Fair Oaks, GA

DUI convictions can raise the cost of car insurance. You may have to switch policies or search for cheaper policies. This can add up to $9,000 to $12,000 to the cost of the policy. The time you lose from work searching for a policy is also a factor.

Some car insurance companies will refuse to insure you after a DUI. They have a legal right to do so. However, you can shop around and compare quotes to find the cheapest policy. In Georgia, drivers with a DUI are considered high-risk and insurance companies will raise their rates to compensate.

The cost of insurance is also affected by your age, gender, and location. Younger drivers are more expensive to insure than older ones. This means that those under the age of 30 will pay two or three times as much as a 30-year-old. This is due to the fact that insurance companies see younger drivers as more risky. In addition, insurance companies will also require drivers to submit a SR-22 form.

A DUI conviction will increase your insurance premium by 26% to a third. Depending on where you were arrested, DUI convictions can stay on your driving record for five to 12 years. In addition to doubling your auto insurance premium, a DUI conviction can also increase your risk of injuring someone.

Average annual cost of car insurance after uninsured motorist coverage in Fair Oaks, GA

Having car insurance is important, but there are many things you need to consider before choosing a policy. For example, you need to be aware of the minimum coverage amount. Under Georgia state law, you are required to carry bodily injury liability coverage of $25,000 for each person. This amount increases to $50,000 in case of a multiple-car accident. You should also have the appropriate property damage liability coverage.

Getting additional coverage isn't as expensive as you might think. For example, a minimum liability coverage of $98 per person and $30K per accident will cost you about $6 extra per month. A higher liability coverage limit will cover more damages.

In addition to liability insurance, you should also carry at least collision coverage. You'll also need to be aware of your credit score. Insurance companies use this information to determine your premium. It's important to get several quotes before choosing an insurer.

Your driving record will also affect your insurance rate. If you have multiple accidents, tickets, or accidents, you will look bad in the eyes of your insurance company. Car insurance companies consider all of these factors in choosing your policy price. Therefore, you can save money by knowing the factors that affect your car insurance rate.

Car insurance companies offer different prices based on your driving history. Geico offers the lowest overall rate, while Liberty Mutual is the most expensive. Generally speaking, there's only a few hundred dollars difference between these two companies. However, keep in mind that the costs of insurance policies can add up quickly.