Beaverton, AL is a small town located in Northwestern Alabama. It is home to a variety of local businesses and employers such as Wells Fargo Bank, Wal-Mart, and Dollar General. The cost of living in Beaverton is relatively low compared to other parts of the country. For example, the average two bedroom rent is $670 per month versus an average of $1,430 for two bedrooms nationwide. Additionally, the Grocery Cost Index in Beaverton is 92 while it's 100 in the US on average. The presence of these local companies and employers help keep prices affordable allowing families to stretch their budgets farther while still enjoying all that Beaverton has to offer.
Beaverton has an unemployment rate of 2.6%. The US average is 6.0%.
Beaverton has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Beaverton
- The Sales Tax Rate for Beaverton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beaverton 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 Beaverton
- The average income of a Beaverton resident is $20,158 a year. The US average is $28,555 a year.
- The Median household income of a Beaverton resident is $50,833 a year. The US average is $69,021 a year.