Tuscaloosa, AL is a great destination for anyone looking to live in an affordable place with plenty of amenities. The city offers a 2 bedroom rent at $1,030 which is significantly lower than the US average of $1,430. In addition to cost savings on rent, groceries in Tuscaloosa are also cheaper compared to the national average as it has an index of 96 compared to 100 in the US. \nThe city of Tuscaloosa is steeped in history and culture with attractions such as the historic Bama Theatre, the University of Alabama Museum and Paul W. Bryant Museum. There are also many local companies like Mercedes-Benz U.S International, Inc., JVCKENWOOD USA Corporation and PepsiCo that bring employment opportunities to the area. With so much to offer, Tuscaloosa is ideal for anyone looking for an affordable place with plenty of activities.
Tuscaloosa has an unemployment rate of 4.4%. The US average is 6.0%.
Tuscaloosa has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Tuscaloosa
- The Sales Tax Rate for Tuscaloosa is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tuscaloosa 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 Tuscaloosa
- The average income of a Tuscaloosa resident is $22,308 a year. The US average is $28,555 a year.
- The Median household income of a Tuscaloosa resident is $44,880 a year. The US average is $69,021 a year.