Jackson, AL is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in Jackson is $730 per month, which is substantially lower than the US average of $1,430. Additionally, groceries here are 4 points below the national index, making this city an even more attractive option for budget-conscious individuals. It's not just cost of living either; Jackson also has many attractions such as vibrant local businesses like Big House BBQ and Grand Farm Grocery Store that bring the city a community spirit that makes it even more appealing to anyone looking for a new home. With its low cost of living and wealth of resources, it's no wonder so many people have chosen Jackson as their home!
Jackson has an unemployment rate of 5.9%. The US average is 6.0%.
Jackson 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 Jackson
- The Sales Tax Rate for Jackson is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson
- The average income of a Jackson resident is $21,572 a year. The US average is $28,555 a year.
- The Median household income of a Jackson resident is $49,460 a year. The US average is $69,021 a year.