Eclectic, AL is a small city located in the heart of Elmore County. It is known for its friendly people, great food, and beautiful mountain views. Eclectic offers a variety of amenities and businesses that make it an excellent place to live. Local companies such as The Bank of Eclectic, which offers banking services and home loan products, and the Country Store which provides groceries at an affordable price, are just some examples of the local businesses in town. In addition to these stores, there are several restaurants serving delicious food choices. The cost of living in Eclectic is relatively low with 2 bedroom rent costing around $830 and a grocery cost index that is 95 versus 100 throughout the US. All of these factors make Eclectic a great choice for those looking for an affordable place to live.
Eclectic has an unemployment rate of 2.7%. The US average is 6.0%.
Eclectic 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 Eclectic
- The Sales Tax Rate for Eclectic is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Eclectic 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 Eclectic
- The average income of a Eclectic resident is $21,708 a year. The US average is $28,555 a year.
- The Median household income of a Eclectic resident is $46,339 a year. The US average is $69,021 a year.