Lakeview, AL is a small town located in the southern part of the state. It has a unique charm and provides its residents with plenty of opportunities for leisure activities. In Lakeview, you can find well known companies such as Walmart, Target, and Home Depot. The cost of living is lower than that of the US on average, with 2 bedroom rent being around $740 compared to $1,430 nationwide. Moreover, the Grocery Cost Index is 94 versus 100 in the US. This makes Lakeview an ideal place for those looking for an affordable location to live with plenty of job opportunities available.
Lakeview has an unemployment rate of 2.3%. The US average is 6.0%.
Lakeview 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 Lakeview
- The Sales Tax Rate for Lakeview is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeview 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 Lakeview
- The average income of a Lakeview resident is $17,169 a year. The US average is $28,555 a year.
- The Median household income of a Lakeview resident is $50,750 a year. The US average is $69,021 a year.