Carrollton, AL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Carrollton, AL is a small city located in the northern part of the state with a great quality of life for its residents. The cost of living is quite affordable compared to national averages. Two bedroom rent is only $760 per month which is well below the US average at $1,430. The grocery cost index in Carrollton is 95 versus 100 in the US. Notable companies in Carrollton include: Greer's Cashsaver Supermarkets, Cottonwood Group Inc., and Sleepy Owl Coffee Roasters. With such low living costs and great local businesses, it's no wonder why so many people are choosing to call Carrollton home!

Carrollton has an unemployment rate of 3.8%. The US average is 6.0%.

Carrollton has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Carrollton
- The Sales Tax Rate for Carrollton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Carrollton 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 Carrollton
- The average income of a Carrollton resident is $18,375 a year. The US average is $28,555 a year.
- The Median household income of a Carrollton resident is $28,487 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarrollton, AlabamaUnited States
  3.86
  -6.1%-6.2%
  23.9%33.5%
  8.0%6.2%
  5.0%4.6%
  $17,940$37,638
  $28,487$69,021
  $43,897$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  4.6%6.8%
  23.0%10.0%
  0.0%2.5%
  12.5%11.0%
  6.2%4.8%
  0.0%0.8%
  3.1%1.9%
  5.3%4.7%
  0.5%1.9%
  0.5%7.6%
  0.0%0.1%
  0.5%4.2%
  3.6%9.3%
  25.7%14.0%
  0.0%2.1%
  3.1%7.0%
  4.3%4.8%
  6.2%4.7%
Health
Compare Carrollton, AL
cost of living
Compare food, housing, utilities, and more in Carrollton, Alabama to any other city in the US.