Zip 35463 (Fosters, AL) Economy


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Fosters, AL has a population of 35463 and is a great place to live with rental prices for two bedroom units at just $990. Grocery costs are also very affordable, with an index score of 96 compared to the US average of 100. Not only is Fosters a budget-friendly place to live, but there are also many local businesses located here. These range from retail stores such as Fosters Five & Dime and Foley's Pharmacy to professional services such as By The Book Accounting and Home Choice Title Services LLC. With all this activity, it's no wonder that Fosters is growing in popularity.

Fosters (zip 35463) has an unemployment rate of 3.6%. The US average is 6.0%.

Fosters (zip 35463) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Fosters (zip 35463)
- The Sales Tax Rate for Fosters (zip 35463) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Fosters (zip 35463) 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 Fosters (zip 35463)
- The average income of a Fosters (zip 35463) resident is $23,018 a year. The US average is $28,555 a year.
- The Median household income of a Fosters (zip 35463) resident is $56,918 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFosters, AlabamaUnited States
  3.66
  -6.5%-6.2%
  31.8%33.5%
  9.0%6.2%
  5.0%4.6%
  $25,796$37,638
  $56,918$69,021
  $70,762$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  27.9%6.8%
  16.2%10.0%
  0.3%2.5%
  9.8%11.0%
  3.5%4.8%
  0.0%0.8%
  2.6%1.9%
  1.9%4.7%
  0.7%1.9%
  4.8%7.6%
  0.0%0.1%
  1.7%4.2%
  9.9%9.3%
  4.4%14.0%
  0.7%2.1%
  10.1%7.0%
  1.7%4.8%
  3.7%4.7%
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