Choccolocco, AL Economy


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Choccolocco, AL is a thriving town with a variety of businesses and attractions. The cost of living is affordable with the 2 bedroom rent coming in at $910 compared to $1,430 in the US. On top of that the grocery cost index in Choccolocco is 95 versus 100 in the US. Local companies include Choccolocco Paint & Pottery, Big Bend Trail Rides, and Choccolocco Brewing Company. Popular attractions include Choccolocco Streams Nature Reserve, Longleaf Pine Golf Course & Driving Range, and Rainbow Drive-In Theater. Residents enjoy a low cost of living combined with unique local businesses and attractions.

Choccolocco has an unemployment rate of 3.9%. The US average is 6.0%.

Choccolocco has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Choccolocco
- The Sales Tax Rate for Choccolocco is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Choccolocco 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 Choccolocco
- The average income of a Choccolocco resident is $30,750 a year. The US average is $28,555 a year.
- The Median household income of a Choccolocco resident is $65,268 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChoccolocco, AlabamaUnited States
  3.96
  -3.3%-6.2%
  29.3%33.5%
  10.0%6.2%
  5.0%4.6%
  $33,454$37,638
  $65,268$69,021
  $89,263$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  5.7%6.8%
  16.4%10.0%
  0.0%2.5%
  4.2%11.0%
  0.0%4.8%
  1.5%0.8%
  0.0%1.9%
  11.1%4.7%
  0.0%1.9%
  9.2%7.6%
  0.0%0.1%
  12.2%4.2%
  4.3%9.3%
  12.3%14.0%
  0.0%2.1%
  5.0%7.0%
  3.0%4.8%
  12.0%4.7%
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