Grayson Valley, AL is a small town with a population of about 3,000 people. The cost of living in Grayson Valley is quite affordable as the average 2 bedroom rent is $1,220 compared to the US average of $1,430. In addition, grocery costs are also low with an index score of 94 compared to the national average of 100. Popular local companies in Grayson Valley include Adams Chevrolet, Eaves Towing & Repair Service, and Dynamic Air, Inc. There are also plenty of outdoor activities available such as walking trails at Covered Bridge Park and fishing at Plum Orchard Lake. All in all, Grayson Valley offers a great cost of living that makes it an ideal place to call home.
Grayson Valley has an unemployment rate of 3.8%. The US average is 6.0%.
Grayson Valley has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Grayson Valley
- The Sales Tax Rate for Grayson Valley is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Grayson Valley 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 Grayson Valley
- The average income of a Grayson Valley resident is $26,690 a year. The US average is $28,555 a year.
- The Median household income of a Grayson Valley resident is $53,403 a year. The US average is $69,021 a year.