Riverside, AL is a small city located in the state of Alabama. It has a strong job market with many local companies such as Riverside Mill, Riverside Primary Care, and Riverside Aluminum Company. For those seeking accommodation in the area, the average 2 bedroom rent is $1,020 compared to the US average of $1,430. Furthermore, groceries are also cheaper with a grocery cost index of 97 versus 100 in the US which makes it an appealing location for people looking to save on their living costs.
Riverside has an unemployment rate of 2.5%. The US average is 6.0%.
Riverside 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 33.5%, which is lower than the US average of 33.5%.
Tax Rates for Riverside
- The Sales Tax Rate for Riverside is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Riverside 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 Riverside
- The average income of a Riverside resident is $29,232 a year. The US average is $28,555 a year.
- The Median household income of a Riverside resident is $55,417 a year. The US average is $69,021 a year.