Greenville, AL is a great place to live. The cost of living is lower than the national average, with two bedroom rent costing $740 compared to the US average of $1,430. Grocery costs are also much lower in Greenville with an index score of 93 compared to 100 nationally. Companies located in Greenville include Hyundai Motor Manufacturing Alabama, Diversey, and Lakeshore Foundation. All three provide local employment opportunities and contribute to the economy. With its low cost of living and proximity to major cities like Birmingham and Huntsville, Greenville is an ideal home for many looking for a balance between affordable living and access to amenities.
Greenville has an unemployment rate of 5.7%. The US average is 6.0%.
Greenville has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $19,455 a year. The US average is $37,638 a year.
- The Median household income of a Greenville resident is $39,959 a year. The US average is $69,021 a year.