Marion, AL is a small town in Perry County, located in the west-central part of the state. It has a population of approximately 2,991 and is known for its low cost of living. Rent for a two bedroom apartment averages around $890 per month, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index in Marion is 92 compared to 100 for the US.
The town boasts several local businesses that provide employment opportunities and services to residents. Businesses like J&M Home Improvement and Ivey Auto Parts offer home improvement products and automotive services while White's Auto Repair provides comprehensive auto repair services. Shopping centers like Smith Crossing Shopping Center also provide locals with great shopping options.
Marion has an unemployment rate of 8.1%. The US average is 6.0%.
Marion has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $12,410 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $28,915 a year. The US average is $69,021 a year.