Monroe County, AL is a great place to live with affordability and convenience. The average rent for a 2 bedroom apartment in Monroe County is $740 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Monroe County is 94 as compared to 100 in the US, making it an economical choice for groceries too. Monroe County offers plenty of activities with attractions such as Chewacla State Park and the Alabama Music Hall of Fame. For entertainment, there are several theaters and cinemas as well as a plethora of restaurants featuring local cuisine, such as Cotton Street Cafe and Kickin' Chicken. For shopping lovers, there are several stores such as Walmart and K-Mart located in the area.
Monroe County has an unemployment rate of 6.0%. The US average is 6.0%.
Monroe County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Monroe County
- The Sales Tax Rate for Monroe County is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Monroe County 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 Monroe County
- The average income of a Monroe County resident is $16,273 a year. The US average is $28,555 a year.
- The Median household income of a Monroe County resident is $32,631 a year. The US average is $69,021 a year.