Baileyton, AL Economy


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Baileyton, AL is a charming rural town with plenty of local companies to explore. It boasts an affordable cost of living, making it an ideal place for those who are looking for a budget-friendly lifestyle. The two bedroom rent in Baileyton is only $810, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Baileyton is 94 compared to 100 in the US. Local businesses include Baileyton General Store and Baileyton Food Mart. With its low rental costs and plentiful job opportunities, Baileyton makes living well within your means easy.

Baileyton has an unemployment rate of 2.0%. The US average is 6.0%.

Baileyton 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 37.8%, which is higher than the US average of 33.5%.

Tax Rates for Baileyton
- The Sales Tax Rate for Baileyton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Baileyton 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 Baileyton
- The average income of a Baileyton resident is $19,371 a year. The US average is $28,555 a year.
- The Median household income of a Baileyton resident is $53,135 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaileyton, AlabamaUnited States
  26
  -2.3%-6.2%
  37.8%33.5%
  8.5%6.2%
  5.0%4.6%
  $20,843$37,638
  $53,135$69,021
  $48,542$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  5.9%6.8%
  8.9%10.0%
  0.4%2.5%
  16.7%11.0%
  6.3%4.8%
  0.0%0.8%
  0.4%1.9%
  3.7%4.7%
  0.0%1.9%
  25.4%7.6%
  0.0%0.1%
  4.6%4.2%
  3.0%9.3%
  9.6%14.0%
  0.4%2.1%
  3.7%7.0%
  1.5%4.8%
  4.8%4.7%
Health
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