Allgood, AL is a small town with a population of approximately 1,600 people. Living in Allgood is relatively inexpensive when compared to other areas, as the average rent cost for 2 bedroom apartments is only $840 and the grocery cost index is 95 versus 100 in the US. There are several local businesses that make up the commerce of Allgood including The Toy Store, Big Bear BBQ, and Allgood Tire and Automotive. The Toy Store offers a wide variety of toys for children of all ages as well as board games for families to enjoy. Big Bear BBQ serves some of the best barbeque in town and offers family style catering packages for special events. Allgood Tire and Automotive provides auto repair services along with an extensive inventory of tires.
Allgood has an unemployment rate of 2.1%. The US average is 6.0%.
Allgood has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Allgood
- The Sales Tax Rate for Allgood is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Allgood 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 Allgood
- The average income of a Allgood resident is $16,888 a year. The US average is $28,555 a year.
- The Median household income of a Allgood resident is $56,250 a year. The US average is $69,021 a year.