Abanda, AL is a small town located in north Alabama. It has a tight-knit community with close access to nature and plenty of local amenities. Companies based in Abanda include Johnson & Associates Construction Company, Deason's Feed and Supply Store, and Smith's Grocery Store. The cost of living in Abanda is quite affordable compared to other areas, as rent for a 2 bedroom apartment is only $730 monthly while it is $1,430 nationwide. Groceries are also more reasonably priced in Abanda with an index of 92 versus 100 nationally.
Abanda has an unemployment rate of 3.8%. The US average is 6.0%.
Abanda has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Abanda
- The Sales Tax Rate for Abanda is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Abanda 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 Abanda
- The average income of a Abanda resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Abanda resident is $25,787 a year. The US average is $69,021 a year.