Cordova, AL is a small town located in the southern part of Alabama. It has a population of around 4,000 people and is known for its rural charm and friendly atmosphere. The cost of living in Cordova is quite affordable; two bedroom rent in Cordova is $740 compared to the US average of $1,430. Grocery costs are also relatively low at an index of 91 versus 100 in the US. In addition to its affordable living, local businesses play a large role in Cordova’s economy. There are many businesses that call Cordova home, such as Easy Street Pawn & Gun Shop, Harman's Tire Service & Sales LLC., and The Pause Boutique & Cafe. With its close-knit community feel and affordable cost of living, Cordova is a great place to live or visit.
Cordova has an unemployment rate of 3.3%. The US average is 6.0%.
Cordova has seen the job market decrease by -3.6% 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 Cordova
- The Sales Tax Rate for Cordova is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cordova 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 Cordova
- The average income of a Cordova resident is $21,798 a year. The US average is $37,638 a year.
- The Median household income of a Cordova resident is $35,764 a year. The US average is $69,021 a year.