Clayhatchee, AL is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent here is $710, which is much lower than the US average of $1,430. Grocery costs are also far lower than the national average with an index of 95 versus 100 in the US. There are plenty of local businesses in Clayhatchee that take advantage of the low cost of living, such as Clayhatchee Superstore, Clayhatchee Printing Services and Clayhatchee Automotive. These businesses provide essential services to the local community and keep prices affordable for everyone.
Clayhatchee has an unemployment rate of 3.1%. The US average is 6.0%.
Clayhatchee has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Clayhatchee
- The Sales Tax Rate for Clayhatchee is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Clayhatchee 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 Clayhatchee
- The average income of a Clayhatchee resident is $16,714 a year. The US average is $28,555 a year.
- The Median household income of a Clayhatchee resident is $45,688 a year. The US average is $69,021 a year.