Rainsville, AL Economy


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United States / Alabama / No Metro Area / DeKalb County / Rainsville / Zip Codes
Rainsville, AL is a small town located near the Alabama/Tennessee border. It is known for its friendly and welcoming community with an abundance of local businesses and attractions. The 2 bedroom rent in Rainsville is significantly lower than the US average, making it a great option for those looking for more affordable housing. The grocery cost index in Rainsville is also quite low compared to the US, allowing people to stretch their budget further when shopping there. Popular local businesses include Lee's Barbecue, Anderson's Sporting Goods, and Kelli's Quilt Shop. Top attractions include White Oak Creek Park, Lookout Mountain Trailhead, and Lake Guntersville State Park.

Rainsville has an unemployment rate of 2.3%. The US average is 6.0%.

Rainsville has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Rainsville
- The Sales Tax Rate for Rainsville is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Rainsville 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 Rainsville
- The average income of a Rainsville resident is $23,454 a year. The US average is $37,638 a year.
- The Median household income of a Rainsville resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRainsville, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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