Fredonia, AL is a small town located in the state of Alabama. With a population of just over 300 people, it is a tight-knit community with many local businesses and attractions. Two bedroom rentals are quite affordable compared to the rest of the US at $780 per month. Grocery prices are also quite low in Fredonia as the cost index is 93 compared to 100 in the US. Some local companies include Fredonia Clothing Co., Fredonia Auto Parts, and Fredonia Feed Store. There are also plenty of attractions such as the Huntsville Botanical Garden, Monte Sano State Park, Downtown District Farmers Market, and Burritt on the Mountain. All in all, Fredonia is an idyllic small town that offers its residents a peaceful but fun atmosphere!
Fredonia has an unemployment rate of 3.8%. The US average is 6.0%.
Fredonia has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Fredonia
- The Sales Tax Rate for Fredonia is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Fredonia 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 Fredonia
- The average income of a Fredonia resident is $17,325 a year. The US average is $37,638 a year.
- The Median household income of a Fredonia resident is $0 a year. The US average is $69,021 a year.