Forkland, AL is a small town with a population of just over 1,000 people. It is known for being an affordable place to live as the 2 bedroom rent in Forkland is only $760 while the US average for the same size rental is $1,430. Additionally, the Grocery Cost Index in Forkland is 90 versus 100 nationally so it's an ideal spot for budget-minded individuals and families. There are several local businesses and attractions that make living in Forkland enjoyable. There are a variety of restaurants including Tasty Treats Bakery, Jaspers' Diner and Flavourz Café. For outdoor activities there's Forrest Wilderness Park, which features hiking trails and picnic areas; or check out Alice's Arts & Crafts Store for some unique purchases.
Forkland has an unemployment rate of 7.2%. The US average is 6.0%.
Forkland has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Forkland
- The Sales Tax Rate for Forkland is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Forkland 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 Forkland
- The average income of a Forkland resident is $13,141 a year. The US average is $37,638 a year.
- The Median household income of a Forkland resident is $24,375 a year. The US average is $69,021 a year.