Ider, AL Economy


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United States / Alabama / No Metro Area / DeKalb County / Ider / Zip Codes
Ider, AL is a small rural town located in the northeastern part of the state. It is known for its beautiful mountain views and friendly people. Despite having a lower population than most cities in the US, Ider, AL has many conveniences to offer including two bedroom rental prices that are much cheaper than the national average at just $730 per month. Additionally, grocery costs are also lower when compared to US averages with an index score of 94 versus 100 nationally. The local economy is largely driven by agriculture and manufacturing businesses such as Smith Farms and Shaw Industries which have been major employers for decades. Ider, AL also hosts annual events such as the Ider Peach Festival which draws thousands of visitors each year.

Ider has an unemployment rate of 2.3%. The US average is 6.0%.

Ider 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 Ider
- The Sales Tax Rate for Ider is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ider 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 Ider
- The average income of a Ider resident is $16,678 a year. The US average is $28,555 a year.
- The Median household income of a Ider resident is $37,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIder, AlabamaUnited States
  2.36
  -3.1%-6.2%
  36.5%33.5%
  7.0%6.2%
  5.0%4.6%
  $22,370$37,638
  $37,313$69,021
  $49,107$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  4.9%6.8%
  33.7%10.0%
  4.1%2.5%
  7.3%11.0%
  9.4%4.8%
  1.2%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  1.2%4.2%
  8.1%9.3%
  15.4%14.0%
  0.0%2.1%
  4.9%7.0%
  0.0%4.8%
  1.2%4.7%
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