Louisville, AL is a small town located in the East of Alabama. It is a quiet town, known for its tranquil atmosphere and friendly nature of its residents. The rental rate for two-bedroom apartments in the area is around $650 per month, which is considerably less than the national average of $1,430. Louisville also offers comparatively lower groceries costs at an index score of 92 compared to the US average. The town offers many different attractions and features that draw tourists from all over, such as beautiful scenic trails, local lakes and parks where one can go fishing or simply enjoy nature's beauty. There are also several local businesses in the area including restaurants, grocery stores and clothing boutiques that offer unique products to locals and visitors alike. Louisville may be a small town but it has much to offer and is worth visiting!
Louisville has an unemployment rate of 5.6%. The US average is 6.0%.
Louisville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Louisville
- The Sales Tax Rate for Louisville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Louisville 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 Louisville
- The average income of a Louisville resident is $15,682 a year. The US average is $28,555 a year.
- The Median household income of a Louisville resident is $37,679 a year. The US average is $69,021 a year.