Carolina, AL is a small town with an estimated population of 2,500. It offers a cost of living that is well below the US average. The median rent for a two bedroom apartment is $720 while the US median is $1,430. Additionally, grocery costs are often 93% of what they are nationally. The town has a few local businesses including Coast to Coast Electronics, Carolina Construction, and Taylor's Café.
Carolina has an unemployment rate of 2.8%. The US average is 6.0%.
Carolina has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Carolina
- The Sales Tax Rate for Carolina is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Carolina 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 Carolina
- The average income of a Carolina resident is $33,515 a year. The US average is $37,638 a year.
- The Median household income of a Carolina resident is $50,714 a year. The US average is $69,021 a year.