Albertville, AL is a small city located in Marshall County with a population of around 21,000 people. It has a lower cost of living compared to the US average with the median rent for two-bedroom apartments being $740. This is significantly lower than the US average of $1430 per month. Additionally, the grocery cost index stands at 93 versus 100 in the US. There are many local companies located in Albertville such as Albertville Quality Industries which specializes in aircraft parts, The Real Estate Source which helps buyers find homes and properties, and BP Productions which offers audio-visual services for events. The city has access to recreation and outdoor activities like swimming at Lake Guntersville State Park or mountain biking along Brush Creek Trail. All these amenities make Albertville an attractive place to live.
Albertville has an unemployment rate of 2.2%. The US average is 6.0%.
Albertville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Albertville
- The Sales Tax Rate for Albertville is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Albertville 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 Albertville
- The average income of a Albertville resident is $18,707 a year. The US average is $28,555 a year.
- The Median household income of a Albertville resident is $51,718 a year. The US average is $69,021 a year.