Coosada, AL Economy


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Coosada, AL is a small town located in the heart of Alabama. With its friendly atmosphere and low cost of living, Coosada has become an appealing destination for families or individuals looking for affordable housing. The average rent for a 2 bedroom apartment in Coosada is $910 compared to the US average of $1,430. Furthermore, grocery cost index in Coosada is 97 versus 100 in the USA. Residents have access to all the essential services including local businesses such as Cooper's Grocery Store, Smith General Store, and Big B's BBQ Shack. In conclusion, Coosada offers affordable housing and amenities making it an attractive place to live or visit.

Coosada has an unemployment rate of 2.7%. The US average is 6.0%.

Coosada 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 32.8%, which is lower than the US average of 33.5%.

Tax Rates for Coosada
- The Sales Tax Rate for Coosada is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Coosada 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 Coosada
- The average income of a Coosada resident is $20,652 a year. The US average is $28,555 a year.
- The Median household income of a Coosada resident is $58,512 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoosada, AlabamaUnited States
  2.76
  -3.9%-6.2%
  32.8%33.5%
  8.5%6.2%
  5.0%4.6%
  $27,053$37,638
  $58,512$69,021
  $65,313$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.8%6.8%
  7.8%10.0%
  1.8%2.5%
  23.3%11.0%
  1.9%4.8%
  1.0%0.8%
  0.4%1.9%
  1.8%4.7%
  0.6%1.9%
  6.8%7.6%
  0.0%0.1%
  1.2%4.2%
  3.5%9.3%
  21.4%14.0%
  0.6%2.1%
  1.8%7.0%
  4.9%4.8%
  14.6%4.7%
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