Wilton, AL is a small town located between Birmingham and Tuscaloosa with a population of about 745 people. The living costs in Wilton are much lower than the national average with two bedroom rent costing only $880 compared to the US median of $1,430. Grocery cost index is also low at 96 versus 100 in the US on average. Alongside all these advantages, Wilton also has some great local businesses operating in the city. These include R & B Auto Sales, Gentry's Tire and Automotive Repair Center, and Wilton Mini Mart. These businesses provide employment opportunities for locals as well as attract customers from surrounding areas.
Wilton has an unemployment rate of 2.0%. The US average is 6.0%.
Wilton 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 Wilton
- The Sales Tax Rate for Wilton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wilton 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 Wilton
- The average income of a Wilton resident is $17,441 a year. The US average is $28,555 a year.
- The Median household income of a Wilton resident is $53,594 a year. The US average is $69,021 a year.