Graham, AL is a small town with an estimated population of 2,749. It is located in Henry County and is known for its rural charm and beauty. The median two bedroom rent in Graham is significantly lower than the national average, at $720 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Graham is 92 compared to 100 in the US, making it a more affordable place to live.
The area has abundant resources for both employment and leisure activities. Some notable local companies include Graham Construction Services, Smith's Environmental Service LLC., Tri-County Trucking Inc., Montezuma Muffler & Brake Co., and G & S Machine of Ozark.
Graham has an unemployment rate of 2.5%. The US average is 6.0%.
Graham has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Graham
- The Sales Tax Rate for Graham is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Graham 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 Graham
- The average income of a Graham resident is $32,417 a year. The US average is $37,638 a year.
- The Median household income of a Graham resident is $39,531 a year. The US average is $69,021 a year.