Clay, AL is a small town located between Birmingham and Anniston. It is known for its friendly atmosphere and offers an affordable living environment to its residents. The average rent for a two bedroom apartment in Clay is $1,150 which is significantly lower than the United States average of $1,430. The cost of groceries in Clay is also lower at 96 index points compared to the US’s 100 index points. With such economical living options, it's no surprise why Clay has become a popular residential area. \nSome of the local businesses that are found in Clay include J&J Farms Supplies, Hibbett Sporting Goods, and CVS Pharmacy. These businesses cater to their local community by offering products and services that are tailored to their needs.
Clay has an unemployment rate of 3.8%. The US average is 6.0%.
Clay 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 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Clay
- The Sales Tax Rate for Clay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clay 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 Clay
- The average income of a Clay resident is $29,614 a year. The US average is $28,555 a year.
- The Median household income of a Clay resident is $74,265 a year. The US average is $69,021 a year.