New Site, AL is a great place to live as it offers an affordable cost of living compared to other places in the US. The average rent for a two bedroom apartment is only $790, whereas the national average is $1,430. Likewise, grocery costs are significantly lower in New Site with an index of 94 versus 100 nationally. As well as offering a great value for money, New Site also has plenty of local businesses. The city boasts several stores such as Walmart and Kroger for groceries, restaurants such as Moe's Southwest Grill and Subway, and home improvement stores like Lowe's Home Improvement and The Home Depot. All in all, New Site is an attractive option for those looking for affordability combined with convenient shopping options.
New Site has an unemployment rate of 4.2%. The US average is 6.0%.
New Site has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for New Site
- The Sales Tax Rate for New Site is 9.0%. The US average is 7.3%.
- The Income Tax Rate for New Site 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 New Site
- The average income of a New Site resident is $19,720 a year. The US average is $28,555 a year.
- The Median household income of a New Site resident is $55,000 a year. The US average is $69,021 a year.