Carbon Hill, AL is an affordable town with a wide range of amenities making it an attractive place to live. The average 2 bedroom rent in Carbon Hill is considerably lower than the national average of $1,430 with a rent of only $690. Additionally, the grocery cost index in Carbon Hill is 91 versus 100 in the US, making groceries more affordable as well.
Carbon Hill is home to many businesses such as Jones Investment Co., ALTras Marketing Solutions LLC, and Wallace Shoe Repair Shop & Leather Goods. There are also plenty of recreational options such as Doster Park and Tate’s Creek Golf Course. All these amenities make Carbon Hill an attractive place for people looking for affordability without sacrificing lifestyle.
Carbon Hill has an unemployment rate of 3.3%. The US average is 6.0%.
Carbon Hill has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Carbon Hill
- The Sales Tax Rate for Carbon Hill is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Carbon Hill 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 Carbon Hill
- The average income of a Carbon Hill resident is $14,982 a year. The US average is $28,555 a year.
- The Median household income of a Carbon Hill resident is $26,481 a year. The US average is $69,021 a year.