Bessemer, AL is an up-and-coming city with a rich local culture and plenty of job opportunities. In Bessemer, 2 bedroom rent is $950, which is significantly lower than the national average of $1,430. As well, the grocery cost index in Bessemer is 92 compared to 100 in the United States. Notable companies located in Bessemer include Daimler AG, United Launch Alliance, Birmingham Steel Corp., and McDowell Environmental Solutions. With its reasonable cost of living and excellent job prospects, Bessemer is an ideal place for young people looking for a fresh start.
Bessemer has an unemployment rate of 6.4%. The US average is 6.0%.
Bessemer 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 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Bessemer
- The Sales Tax Rate for Bessemer is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Bessemer is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bessemer
- The average income of a Bessemer resident is $16,716 a year. The US average is $28,555 a year.
- The Median household income of a Bessemer resident is $32,416 a year. The US average is $69,021 a year.