Alexander City, AL is a fantastic place to live and work. With an average two bedroom rent of $810, the cost of living is well below that of the US average. In addition, Alexander City's grocery cost index is 93 compared to the US index of 100, making it an economical choice for families. This small town boasts a variety of employers including Russell Corporation, PowerSouth Energy Cooperative, Russell Medical Center and Benjamin Russell Hospital. Visitors can enjoy exploring many attractions such as Wind Creek State Park, Lake Martin Amphitheater and Niffer's Place Bar & Grill. Overall Alexander City offers something for everyone – great job opportunities and plenty to do!
Alexander City has an unemployment rate of 4.2%. The US average is 6.0%.
Alexander City has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Alexander City
- The Sales Tax Rate for Alexander City is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Alexander City 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 Alexander City
- The average income of a Alexander City resident is $17,271 a year. The US average is $28,555 a year.
- The Median household income of a Alexander City resident is $41,778 a year. The US average is $69,021 a year.