Fairview, AL Economy


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Fairview, AL is a thriving town with plenty of opportunity for work and leisure. The housing market in the area is also quite affordable; the average 2 bedroom rent is only $790 per month, much lower than the national average of $1,430. Groceries are equally as budget-friendly due to its Grocery Cost Index of 95 compared to the US index of 100.
The town has many local businesses that offer various services such as Yarnell's Hardware which offers quality products and helpful customer service or Big Sky Automotive Services which prides itself on their knowledgeable staff and top-notch maintenance services.
When it comes to leisure activities, Fairview has something for everyone. Tourists can visit R.E. Davis Park for swimming and boating or they can explore nature at Catoma Creek Park with its trails and playgrounds. Visitors can also visit local attractions like King Ranch Tours, which gives guided tours of an authentic working ranch, or take a trip to Gee’s Bend Quilt Trail which showcases quilts from local African American women who have passed down this traditional art over generations.

Fairview has an unemployment rate of 2.0%. The US average is 6.0%.

Fairview has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.

Tax Rates for Fairview
- The Sales Tax Rate for Fairview is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Fairview 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 Fairview
- The average income of a Fairview resident is $17,456 a year. The US average is $28,555 a year.
- The Median household income of a Fairview resident is $33,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairview, AlabamaUnited States
  26
  -2.3%-6.2%
  37.8%33.5%
  8.5%6.2%
  5.0%4.6%
  $19,918$37,638
  $33,750$69,021
  $44,531$85,028
  Population by Occupation
  6.5%1.2%
  0.0%0.5%
  7.0%6.8%
  12.2%10.0%
  0.0%2.5%
  4.3%11.0%
  3.0%4.8%
  0.0%0.8%
  0.0%1.9%
  6.5%4.7%
  0.9%1.9%
  0.9%7.6%
  0.0%0.1%
  17.8%4.2%
  7.4%9.3%
  15.7%14.0%
  3.5%2.1%
  11.3%7.0%
  1.7%4.8%
  1.3%4.7%
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