Grand Bay, Alabama is a small coastal town located in Mobile County. It offers its residents an excellent quality of living with an affordable cost of living. 2 Bedroom rent prices in Grand Bay are only $1,260 which is significantly lower than the US average of $1,430 per month. The Grocery Cost Index is also quite low with a rating of 95 compared to the national average index score of 100.
The city has many local businesses such as Watson's Family Pharmacy, Gaudet Manufacturing Company, and Phenix Timber Company that employ many local residents. With its low cost of living and access to employment opportunities, Grand Bay makes an ideal destination for those looking for a reasonably priced place to live. Furthermore, it's beautiful surroundings make it a great place for retirees or anyone looking for some peace and quiet.
Grand Bay has an unemployment rate of 5.2%. The US average is 6.0%.
Grand Bay has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Grand Bay
- The Sales Tax Rate for Grand Bay is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Grand Bay 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 Grand Bay
- The average income of a Grand Bay resident is $22,132 a year. The US average is $28,555 a year.
- The Median household income of a Grand Bay resident is $71,167 a year. The US average is $69,021 a year.