Fyffe, AL is a small town located in Alabama with plenty of local companies to do business with. Industries such as manufacturing, finance, and retail are thriving in the area. Housing costs in Fyffe are much lower than the US average at $740 for a 2 bedroom rental unit. The Grocery Cost Index is also low compared to the US average at 94 versus 100 respectively. There are several local stores for residents to buy groceries from and all businesses have competitive prices. This makes Fyffe an attractive destination for people looking for affordable living options without sacrificing quality of service.
Fyffe has an unemployment rate of 2.3%. The US average is 6.0%.
Fyffe has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Fyffe
- The Sales Tax Rate for Fyffe is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Fyffe 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 Fyffe
- The average income of a Fyffe resident is $18,170 a year. The US average is $28,555 a year.
- The Median household income of a Fyffe resident is $34,432 a year. The US average is $69,021 a year.