Goshen, AL is a small town located in northern Alabama. It has an affordable cost of living, with the average two bedroom rent costing only $870 compared to the US average of $1,430. Grocery costs are also very competitive, with the grocery cost index at 94 versus 100 in the US. The town has several local businesses, such as Goshen Village Pharmacy, McBride's Supermarket and Hardware, and Bob's Taxidermy shop. In addition to these businesses, there are many small family-owned businesses that provide essential services for the community. These include local restaurants, hair salons, auto repair shops and gas stations. Residents of Goshen appreciate their close-knit community and all it offers.
Goshen has an unemployment rate of 3.1%. The US average is 6.0%.
Goshen has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Goshen
- The Sales Tax Rate for Goshen is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Goshen 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 Goshen
- The average income of a Goshen resident is $17,766 a year. The US average is $37,638 a year.
- The Median household income of a Goshen resident is $38,750 a year. The US average is $69,021 a year.