36117 Montgomery, AL is home to many local businesses that contribute to the local economy. Notable companies include Alabama Power Company, EastChase Shopping Center and Central Alabama Electric Cooperative. The cost of two bedroom rent in 36117 Montgomery is $1,150 which is lower than the national average of $1,430. The grocery cost index in 36117 is 97 compared to the nation’s 100. This means that groceries cost less in 36117 than they do nationally on average. It is clear that living in 36117 Montgomery offers a high quality of living at an affordable price.
Montgomery (zip 36117) has an unemployment rate of 5.8%. The US average is 6.0%.
Montgomery (zip 36117) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery (zip 36117)
- The Sales Tax Rate for Montgomery (zip 36117) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36117) 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 Montgomery (zip 36117)
- The average income of a Montgomery (zip 36117) resident is $33,404 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery (zip 36117) resident is $69,422 a year. The US average is $69,021 a year.