Bridgeport, AL is a small town located in Jackson County. It is known for its low costs of living and offers amenities such as 2 bedroom rentals for only $750 (compared to the US average of $1,430). This lower cost of living also extends to groceries, which have an index of 94 compared to the national 100. Not only does Bridgeport offer lower costs of living but it also has many local businesses that make the area attractive for those who are looking for a place to settle down. Major employers in Bridgeport include Walmart Distribution Center, RockTenn CP LLC., and Jackson County Forestry Department. The city also has several small and medium-sized companies such as Royal Woodworkers, Blountsville Oil & Gas Company, Kenco Energy Solutions, and many more. With its low cost of living and plentiful job opportunities, Bridgeport is a great place to put down roots.
Bridgeport has an unemployment rate of 2.5%. The US average is 6.0%.
Bridgeport has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Bridgeport
- The Sales Tax Rate for Bridgeport is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Bridgeport 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 Bridgeport
- The average income of a Bridgeport resident is $17,363 a year. The US average is $28,555 a year.
- The Median household income of a Bridgeport resident is $35,551 a year. The US average is $69,021 a year.