Maytown, Alabama is a quaint little town with a lot to offer. With a population of only 10,000 people, Maytown has a cozy community feeling and provides a great place to live for those looking to escape the hustle and bustle of bigger cities. The average two bedroom rent in Maytown is about $940, which is significantly less than the US average of $1,430. Additionally, grocery costs in Maytown are 92 compared to 100 in the US. The cost of living is low in Maytown making it an attractive option for those looking for a peaceful home. There are many local companies that contribute to the economic growth of Maytown including Johnson's Bakery, Smith's Poultry Farm, and Taylor Builders Inc.
Maytown has an unemployment rate of 3.8%. The US average is 6.0%.
Maytown has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Maytown
- The Sales Tax Rate for Maytown is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Maytown 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 Maytown
- The average income of a Maytown resident is $22,812 a year. The US average is $28,555 a year.
- The Median household income of a Maytown resident is $47,750 a year. The US average is $69,021 a year.