Union Grove, AL Economy


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Union Grove, AL is a small town located in Marshall County with a population of 863 inhabitants according to the 2010 census. Union Grove provides a peaceful atmosphere perfect for raising a family. The area offers reasonably priced 2-bedroom rental homes at $740 per month, while the US average stands at $1,430. Cost of living in Union Grove is low as compared to the US since the Grocery Cost Index is 94 versus 100 in the US respectively. Local companies include Prime South Bank and North Valley Remodeling who offer quality services to their customers at affordable prices. With its lower cost of living, Union Grove is an ideal location for those looking to enjoy a tranquil countryside atmosphere without breaking their budget.

Union Grove has an unemployment rate of 2.2%. The US average is 6.0%.

Union Grove has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Union Grove
- The Sales Tax Rate for Union Grove is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Union Grove 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 Union Grove
- The average income of a Union Grove resident is $35,730 a year. The US average is $37,638 a year.
- The Median household income of a Union Grove resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion Grove, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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