Shelby, AL is an affordable and attractive living option for those looking for a peaceful and budget-friendly place to call home. Many people choose to move to Shelby because of its low cost of living, with 2-bedroom rents being around $860 compared to the US average of $1,430. This makes it easier for many families on a tight budget to afford comfortable accommodations. Additionally, Shelby's Grocery Cost Index is 99 compared to 100 in the US which can provide significant savings over time.
The city offers many unique attractions that contribute to its charm such as The Heart of Dixie Railroad Museum and the Historic Ritz Theatre. There are also plenty of local businesses like Birmingham Grocery Company and Jim’s Pizza Shack that provide great shopping and dining experiences. With so much to offer at such a reasonable price, it’s no wonder why so many choose to make Shelby their home.
Shelby has an unemployment rate of 2.0%. The US average is 6.0%.
Shelby 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 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Shelby
- The Sales Tax Rate for Shelby is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby 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 Shelby
- The average income of a Shelby resident is $19,282 a year. The US average is $28,555 a year.
- The Median household income of a Shelby resident is $54,896 a year. The US average is $69,021 a year.