Centre, located in Cherokee County, Alabama, is an attractive town for those looking to save money on their cost of living. With a 2 bedroom rent of only $750 compared to the US average of $1,430 and a Grocery Cost Index of 93 compared to the US average of 100, Centre provides financial breathing room for potential inhabitants. The city is home to local businesses like the Centre Hospital, Quality Motors and The Flower Shoppe that provide quality services to its locals. Overall Centre's low cost of living combined with its local businesses make it an appealing place to live for many people looking for economic relief.
Centre has an unemployment rate of 2.3%. The US average is 6.0%.
Centre has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Centre
- The Sales Tax Rate for Centre is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Centre 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 Centre
- The average income of a Centre resident is $21,598 a year. The US average is $28,555 a year.
- The Median household income of a Centre resident is $38,778 a year. The US average is $69,021 a year.