Brookwood, AL is a small town located in Tuscaloosa County. It has an approximate population of 500 people and a median income of $45,333. With the low cost of living and rent, Brookwood is a great place for families or individuals who are looking for a place to call their own. The average rent for a two bedroom apartment in Brookwood is $1,000 compared to the US average of $1,430 per month. Furthermore, the grocery cost index in Brookwood is 94 compared to 100 in the US which makes it even more attractive for those looking to save money on their everyday needs.
Local businesses in Brookwood include Huck's Convenience Store, Jimmy’s Bar-B-Q and Catering, Southside Grill & Grocery, Scott's Barber Shop & Cuts and D&T Tree Services LLC.
Brookwood has an unemployment rate of 3.6%. The US average is 6.0%.
Brookwood 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 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Brookwood
- The Sales Tax Rate for Brookwood is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Brookwood 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 Brookwood
- The average income of a Brookwood resident is $21,855 a year. The US average is $28,555 a year.
- The Median household income of a Brookwood resident is $64,479 a year. The US average is $69,021 a year.