Grimes, AL Economy


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Grimes, AL is a small town located in Autauga County with a population of 1,861. The cost of living in Grimes is relatively low compared to the rest of the United States. Rent for a two bedroom apartment is $720 while nationally it averages around $1,430 and groceries are 4% lower than the national average. There are many local businesses in Grimes that provide goods and services such as Food Giant Health Mart Pharmacy, Webb's Roofing Contractors, and Grimes Tire & Auto Repair. For entertainment there is also the Xtreme Paintball Arena and Sports Complex. All these amenities make Grimes an affordable place to live for those looking for a peaceful and convenient lifestyle.

Grimes has an unemployment rate of 3.1%. The US average is 6.0%.

Grimes has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Grimes
- The Sales Tax Rate for Grimes is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Grimes 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 Grimes
- The average income of a Grimes resident is $15,537 a year. The US average is $28,555 a year.
- The Median household income of a Grimes resident is $41,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrimes, AlabamaUnited States
  3.16
  -1.3%-6.2%
  30.4%33.5%
  6.0%6.2%
  5.0%4.6%
  $24,728$37,638
  $41,071$69,021
  $34,265$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.6%6.8%
  7.8%10.0%
  0.9%2.5%
  18.3%11.0%
  12.2%4.8%
  8.3%0.8%
  3.5%1.9%
  0.0%4.7%
  3.0%1.9%
  0.4%7.6%
  0.0%0.1%
  1.3%4.2%
  1.7%9.3%
  16.5%14.0%
  0.0%2.1%
  6.1%7.0%
  8.7%4.8%
  8.7%4.7%
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