Daviston, AL is a small town located in Alabama. It is an affordable place to live with an average rent for a two bedroom home costing just $790 compared to the national average of $1,430. The Grocery Cost Index in Daviston is 94 versus 100 in the US which makes it even more affordable. The local economy is driven by companies such as Daviston Auto Parts, Daviston Department Store and Daviston Brewery. Some other interesting facts about Daviston include: it has its own school district, there are multiple churches in the area, and its close proximity to Lake Martin makes it a great spot for outdoor recreation.
Daviston has an unemployment rate of 4.2%. The US average is 6.0%.
Daviston has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Daviston
- The Sales Tax Rate for Daviston is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Daviston 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 Daviston
- The average income of a Daviston resident is $21,724 a year. The US average is $28,555 a year.
- The Median household income of a Daviston resident is $44,583 a year. The US average is $69,021 a year.