Gainesville, AL Economy


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United States / Alabama / No Metro Area / Sumter County / Gainesville / Zip Codes
Gainesville, AL is a great place to live. Located in the heart of Alabama, it offers an affordable cost of living. The two bedroom rent in Gainesville is $770, compared to the US average of $1,430. Additionally, grocery costs are lower than the national average with an index score of 93 versus 100 for the US as a whole.
The city is full of amenities and activities to enjoy year-round. From parks and nature preserves such as White Oak Park to local restaurants like Grits & Greens Café and Smith’s Barbeque, there's something for everyone. For visitors looking for shopping options there's Walmart Supercenter and Goody’s Department Store nearby. With so much to offer Gainesville is an ideal destination to call home.

Gainesville has an unemployment rate of 4.2%. The US average is 6.0%.

Gainesville has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.

Tax Rates for Gainesville
- The Sales Tax Rate for Gainesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gainesville 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 Gainesville
- The average income of a Gainesville resident is $11,070 a year. The US average is $37,638 a year.
- The Median household income of a Gainesville resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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