Gaylesville, AL is a small town located in Cherokee County. It has a population of approximately 1,400 people. The average rent for a two bedroom apartment in Gaylesville is around $750 per month, much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Gaylesville is 94 compared to 100 nationally. \nSome local companies include Family Dollar Store, M & M Auto Parts Inc., and Gaylesville Hardware & Supply Co. These businesses provide various amenities and services to locals as well as visitors who come through town. \nIn conclusion, Gaylesville's relatively low rent and grocery cost index serves as an attractive option for those looking for affordable housing while still being close to the amenities offered by a small town.
Gaylesville has an unemployment rate of 2.3%. The US average is 6.0%.
Gaylesville has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Gaylesville
- The Sales Tax Rate for Gaylesville is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Gaylesville 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 Gaylesville
- The average income of a Gaylesville resident is $18,734 a year. The US average is $37,638 a year.
- The Median household income of a Gaylesville resident is $45,833 a year. The US average is $69,021 a year.