Black, AL is a small town located in the heart of Alabama. It is a close-knit community with neighborly values and strong sense of community. Residents of Black enjoy the small town atmosphere that provides them with a peaceful lifestyle. There are various local companies and businesses that serve the residents of Black, such as Johnson’s Pharmacy, The Country Store, The Feed Store, Annie’s Cafe, and Joe’s Grocery. These businesses provide the residents with everything they need for everyday life. Rent for two bedroom apartments in Black is $720 per month on average which is much lower than the US average of $1,430. Furthermore, grocery cost index in Black is 95 versus 100 in the US which makes it an affordable place to live.
Black has an unemployment rate of 2.5%. The US average is 6.0%.
Black has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Black
- The Sales Tax Rate for Black is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Black 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 Black
- The average income of a Black resident is $23,913 a year. The US average is $28,555 a year.
- The Median household income of a Black resident is $51,230 a year. The US average is $69,021 a year.