Moody, AL is a small city situated in the state of Alabama. The town has a relatively low cost of living compared to other places across the country, with 2 bedroom rent prices averaging at $1,050 and a grocery cost index of 97% compared to the US average of 100%. Moody is home to a variety of local businesses that contribute to its economy, such as Summit Automotive Group, VPS Concrete Products Inc., and Firehouse Subs. As such, Moody is able to maintain its reputation as an affordable and livable town located in Alabama.
Moody has an unemployment rate of 2.5%. The US average is 6.0%.
Moody has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Moody
- The Sales Tax Rate for Moody is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Moody 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 Moody
- The average income of a Moody resident is $27,753 a year. The US average is $28,555 a year.
- The Median household income of a Moody resident is $69,846 a year. The US average is $69,021 a year.