Economy in Athens, AL

Athens, AL is an attractive option for those looking to rent or buy a home, with two-bedroom rents at $920, compared to the US average of $1,430. Additionally, grocery costs in Athens are 5% lower than the US average. The city has plenty of local businesses that help support its economy, including Athens Building Supply Co., Piggly Wiggly Supermarket, Millenia Wireless LLC., and Barrett Jewelers Inc. Local companies play an important role in driving growth and helping Athens remain an affordable place to live.

Athens has an unemployment rate of 2.1%. The US average is 6.0%.

Athens has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Athens
- The Sales Tax Rate for Athens is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Athens 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 Athens
- The average income of a Athens resident is $28,354 a year. The US average is $28,555 a year.
- The Median household income of a Athens resident is $52,211 a year. The US average is $69,021 a year.