Demopolis, AL is a great town to live in offering plenty of local amenities. It has a low cost of living with a two bedroom rent at $770 compared to the US average of $1,430. The Grocery Cost Index in Demopolis is 97 versus 100 in the US, making groceries affordable for families. Local businesses include Demopolis Drug Company, County Market, and Hall Hardware. There are also many medical centers nearby such as DCH Regional Medical Center, Bryan Whitfield Memorial Hospital, and Thomasville Medical Center. All of these facilities provide excellent service to residents while keeping costs affordable. With its low costs and great amenities, Demopolis is an ideal place to live.
Demopolis has an unemployment rate of 4.3%. The US average is 6.0%.
Demopolis has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Demopolis
- The Sales Tax Rate for Demopolis is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Demopolis 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 Demopolis
- The average income of a Demopolis resident is $24,535 a year. The US average is $28,555 a year.
- The Median household income of a Demopolis resident is $40,968 a year. The US average is $69,021 a year.