Opelika, AL is a thriving city located in the eastern part of the state. It's home to several great local businesses such as Auburn-Opelika Tourism Bureau, Auburn University, John Pearl Insurance Agency, and Opelika Main Street. The cost of living in Opelika is relatively low compared to other cities since 2 bedroom rent is $880 while the US average is $1,430. Additionally, grocery costs are also lower with an index of 97 versus 100 in the US. With its diverse economy and affordable cost of living, Opelika is an ideal place to invest or start a business.
Opelika has an unemployment rate of 3.8%. The US average is 6.0%.
Opelika has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Opelika
- The Sales Tax Rate for Opelika is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Opelika 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 Opelika
- The average income of a Opelika resident is $25,012 a year. The US average is $28,555 a year.
- The Median household income of a Opelika resident is $51,074 a year. The US average is $69,021 a year.