Talladega Springs, AL Economy


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Talladega Springs, AL is a small town in central Alabama with a population of approximately 4,000 people. The cost of rental accommodation in Talladega Springs is quite low compared to many bigger cities in the United States – with an average two bedroom rent of $730 per month. Additionally, grocery costs are also lower than the US average, with a grocery cost index at 93 versus 100 in the US. There are a variety of local businesses and amenities to enjoy in Talladega Springs. These include popular restaurants such as J & B's Bar-B-Que, local stores like Womack's Grocery Store, McNeill's Hardware Store and an array of convenience stores. There is also a movie theater for entertainment purposes. With its affordable living costs and accessibility to multiple attractions, Talladega Springs is certainly worth considering for those looking to move or visit.

Talladega Springs has an unemployment rate of 3.9%. The US average is 6.0%.

Talladega Springs has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Talladega Springs
- The Sales Tax Rate for Talladega Springs is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Talladega Springs 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 Talladega Springs
- The average income of a Talladega Springs resident is $16,414 a year. The US average is $28,555 a year.
- The Median household income of a Talladega Springs resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTalladega Springs, AlabamaUnited States
  3.96
  -2.4%-6.2%
  27.5%33.5%
  5.0%6.2%
  5.0%4.6%
  $26,298$37,638
  $43,750$69,021
  $68,542$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  22.5%6.8%
  14.1%10.0%
  2.8%2.5%
  0.0%11.0%
  8.5%4.8%
  2.8%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  4.2%4.2%
  9.9%9.3%
  19.7%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  5.6%4.7%
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