Argo, AL is an excellent place to call home. The cost of living is relatively low compared to other parts of the country; two-bedroom rent averages around $1,070 per month while the US average is $1,430. Grocery costs are also lower in Argo with a grocery cost index of 99 compared to 100 in the US. There are plenty of local companies and attractions for residents to enjoy. Popular local businesses include Argo Supply Company, a family-run business that has been serving the community since 1936. For outdoor recreation, locals can visit Pine Tree Ridge Park or Buck Creek State Park for camping, fishing, and hiking opportunities. For entertainment purposes, Argo Theater showcases live music and movies throughout the year. All in all, Argo is an affordable place to live with plenty of activities for its residents!
Argo has an unemployment rate of 2.5%. The US average is 6.0%.
Argo has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Argo
- The Sales Tax Rate for Argo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Argo 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 Argo
- The average income of a Argo resident is $24,098 a year. The US average is $28,555 a year.
- The Median household income of a Argo resident is $80,733 a year. The US average is $69,021 a year.