Geraldine, AL is a small town located in the heart of northeast Alabama. This peaceful town has many opportunities for its residents to explore and enjoy. From outdoor recreation such as fishing and hiking, to local businesses like stores and restaurants, Geraldine is an ideal place to live. The cost of living is quite low compared to the national average with rent for two bedrooms costing only $710 per month. This is over $700 less than the US average of $1,430 per month. Additionally, grocery costs are significantly lower in Geraldine with a Grocery Cost Index of 92 versus 100 in the US. Some well-known businesses in the area include Blalock Furniture & Appliance, B & J Tire Pros, and Huntsville Gas Station. There's also plenty of options for dining out with places such as Grandma's Country Kitchen and Cakers Cafe & Bakery. All these amenities make Geraldine an excellent choice for people looking for a quiet yet vibrant place to live!
Geraldine has an unemployment rate of 2.3%. The US average is 6.0%.
Geraldine has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Geraldine
- The Sales Tax Rate for Geraldine is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Geraldine 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 Geraldine
- The average income of a Geraldine resident is $20,587 a year. The US average is $28,555 a year.
- The Median household income of a Geraldine resident is $50,208 a year. The US average is $69,021 a year.