Enterprise, AL is a city in Coffee County and is known for its low cost of living. The average two bedroom rent in Enterprise is $870, which is much lower than the U.S. average of $1,430. Additionally, the Grocery Cost Index in Enterprise is 95, which is five points lower than the national average. This makes it a great choice for people looking to stretch their dollar. Local companies in Enterprise include Enterprise Electronics Corporation, Dynamic Aviation Group, and Hylebos Software Solutions. Together, these companies provide numerous job opportunities for people that live in the area.
Enterprise has an unemployment rate of 2.8%. The US average is 6.0%.
Enterprise has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Enterprise
- The Sales Tax Rate for Enterprise is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Enterprise 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 Enterprise
- The average income of a Enterprise resident is $30,955 a year. The US average is $37,638 a year.
- The Median household income of a Enterprise resident is $63,859 a year. The US average is $69,021 a year.