Gulf Shores, AL is a great place to live. It has a beautiful coastline and plenty of amenities without the hustle and bustle of a big city. The cost of living is also very appealing with 2-bedroom rent being only $1,240 compared to $1,430 on average in the United States. Additionally, the grocery cost index in Gulf Shores is equal to that in the US at 100. Local businesses in the area include Acme Oyster House which serves fresh seafood and other delicious eats; The Hangout which is known for its beachfront atmosphere and live music; Souvenir City which offers unique souvenirs from the area; and Gulf Adventure Center for outdoor enthusiasts who like kayaking, fishing, biking, sailing and more.
Gulf Shores has an unemployment rate of 2.9%. The US average is 6.0%.
Gulf Shores has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Gulf Shores
- The Sales Tax Rate for Gulf Shores is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Gulf Shores is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gulf Shores
- The average income of a Gulf Shores resident is $27,751 a year. The US average is $28,555 a year.
- The Median household income of a Gulf Shores resident is $53,048 a year. The US average is $69,021 a year.