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Peterman, AL Economy
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Monroe County
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EXPLORE PETERMAN
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Peterman, AL is a small town located in Alabama. The population is relatively small compared to other parts of the US, but it still provides plenty of opportunity for those who live there. The average rent for a two-bedroom apartment or house is $760, which is approximately half of what the national average rent is ($1,430). Additionally, grocery costs are slightly lower than the US average, with an index score of 93 versus 100 in the US. This makes Peterman a great place for people looking to save money on living expenses.
The local economy is also strong and diverse with many businesses operating in Peterman. Popular companies include Dollar General, Petsmart Veterinary Clinic, and Joe's Pizza & Subs. All these businesses provide employment opportunities and economic security to residents. Furthermore, there are plenty of leisure activities available such as weekend farmers’ markets, local parks and outdoor pursuits including fishing at Lake Eufaula State Park nearby.
Overall, Peterman offers an affordable cost of living compared to other areas in the US while still providing plenty of amenities for its residents to enjoy. This makes Peterman an attractive location for those looking for a slower pace of life without sacrificing basic necessities or leisure activities.
Income by Population Percent
Economy
Peterman, Alabama
United States
Unemployment Rate
6
6
Recent Job Growth
-1.5%
-6.2%
Future Job Growth
22.2%
33.5%
Sales Taxes
6.5%
6.2%
Income Tax
5.0%
4.6%
Income per Cap.
$75,980
$37,638
Household Income
69021
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