Midfield, AL Economy


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Midfield, AL is an ideal place to live for those looking for a reasonably priced city. The 2 bedroom rent in Midfield is only $1,020 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Midfield is 91 versus 100 in the US, making food shopping more affordable here too. Living in Midfield gives residents access to local companies and businesses such as Colonial Bank, Sanders' Home Center, and Al's Grocery Store. These places offer quality products and services that make living here comfortable and convenient.

Midfield has an unemployment rate of 3.8%. The US average is 6.0%.

Midfield 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 Midfield
- The Sales Tax Rate for Midfield is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Midfield 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 Midfield
- The average income of a Midfield resident is $17,256 a year. The US average is $28,555 a year.
- The Median household income of a Midfield resident is $46,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidfield, AlabamaUnited States
  3.86
  -3.7%-6.2%
  30.6%33.5%
  10.0%6.2%
  5.0%4.6%
  $21,810$37,638
  $46,929$69,021
  $58,696$85,028
  Population by Occupation
  0.0%1.2%
  1.0%0.5%
  2.0%6.8%
  15.1%10.0%
  2.6%2.5%
  5.9%11.0%
  4.6%4.8%
  3.1%0.8%
  2.5%1.9%
  3.9%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  6.8%4.2%
  5.6%9.3%
  21.4%14.0%
  0.4%2.1%
  14.9%7.0%
  5.9%4.8%
  2.9%4.7%
Health
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