Harvest, AL is a great place to live due to its low cost of living. The average 2 bedroom rent in Harvest is $1,280 which is much lower than the US average of $1,430. Moreover, the Grocery Cost Index in Harvest is 97 versus 100 in the US; demonstrating that groceries are cheaper than in other parts of the country. There are many local businesses in Harvest like Walmart and Home Depot that offer residents an affordable shopping experience. With its great weather and cheaper cost of living, Harvest is a great place for families who want to save on their monthly expenses.
Harvest has an unemployment rate of 2.5%. The US average is 6.0%.
Harvest has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Harvest
- The Sales Tax Rate for Harvest is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Harvest 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 Harvest
- The average income of a Harvest resident is $30,463 a year. The US average is $28,555 a year.
- The Median household income of a Harvest resident is $106,059 a year. The US average is $69,021 a year.