Talladega-Sylacauga Metro Area, AL Economy


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United States / Alabama / Talladega-Sylacauga Metro Area / Counties / Cities / Zip Codes
The Talladega-Sylacauga Metro Area is a great place to live for those looking for an affordable lifestyle. The 2 bedroom rent in this area is significantly lower than the US average of $1,430, at only $750. Additionally, groceries are comparatively cheaper here as well with the Grocery Cost Index at 93 versus the US’s 100. There are plenty of local businesses that provide excellent products and services in this area such as LaMar’s Donuts & Coffee, Anderson Brothers Auto Repair, Hunt Brothers Plumbing Company and Lamar Pest Control. These businesses have been proudly serving residents in Talladega-Sylacauga for many years and remain popular among locals.

Talladega-Sylacauga Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.

Talladega-Sylacauga Metro Area has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Talladega-Sylacauga Metro Area
- The Sales Tax Rate for Talladega-Sylacauga Metro Area is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Talladega-Sylacauga Metro Area 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 Talladega-Sylacauga Metro Area
- The average income of a Talladega-Sylacauga Metro Area resident is $18,966 a year. The US average is $28,555 a year.
- The Median household income of a Talladega-Sylacauga Metro Area resident is $45,400 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTalladega-Sylacauga, AlabamaUnited States
  3.86
  -2.7%-6.2%
  27.6%33.5%
  5.0%6.2%
  5.0%4.6%
  $24,997$37,638
  $45,400$69,021
  $60,218$85,028
  Population by Occupation
  1.0%1.2%
  0.8%0.5%
  6.4%6.8%
  19.8%10.0%
  2.0%2.5%
  11.9%11.0%
  4.9%4.8%
  1.9%0.8%
  1.1%1.9%
  2.4%4.7%
  1.2%1.9%
  3.0%7.6%
  0.1%0.1%
  3.3%4.2%
  8.3%9.3%
  13.3%14.0%
  1.1%2.1%
  6.8%7.0%
  4.7%4.8%
  6.0%4.7%
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