Fulton, AL is a small town located in the south-east United States. It is known for its rich agricultural heritage and quaint charm. The cost of living in Fulton is much lower than the national average making it a great place to live on a budget. For those looking for rental housing, 2 bedroom apartments go for $740 whereas the US average is $1,430. Grocery costs are also relatively low with a Grocery Cost Index of 94 versus 100 nationally. In Fulton there are several local companies such as Bailey Farms, Cotton Fair LLC., and Red Dirt Construction Co that have been around for many years providing excellent job opportunities within the community. All in all Fulton, AL is an affordable and economic friendly place to live with plenty of local amenities to enjoy!
Fulton has an unemployment rate of 5.9%. The US average is 6.0%.
Fulton has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.
Tax Rates for Fulton
- The Sales Tax Rate for Fulton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Fulton 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 Fulton
- The average income of a Fulton resident is $16,213 a year. The US average is $28,555 a year.
- The Median household income of a Fulton resident is $53,952 a year. The US average is $69,021 a year.