Guntersville, AL Economy


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Guntersville, AL is a small city in Alabama with a population of 8,197. It is situated overlooking Lake Guntersville, making it a popular destination for fishing and other outdoor activities. In terms of cost of living, Guntersville is cheaper than the US average, with an average rent for a 2-bedroom apartment at $840 compared to $1,430 in the US. The Grocery Cost Index is also lower than the US average at 96 versus 100. \nLocal businesses include Kelley Construction Company LLC, GSF Mortgage Corporation and Hudson Family Dentistry. Popular attractions include Lake Guntersville State Park and the Marshall County Historical Museum. Educational institutions like Guntersville High School are known for their excellent academic programs as well as extracurricular activities such as sports teams and clubs.

Guntersville has an unemployment rate of 2.2%. The US average is 6.0%.

Guntersville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Guntersville
- The Sales Tax Rate for Guntersville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Guntersville 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 Guntersville
- The average income of a Guntersville resident is $23,820 a year. The US average is $28,555 a year.
- The Median household income of a Guntersville resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuntersville, AlabamaUnited States
  2.26
  -1.2%-6.2%
  41.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $32,338$37,638
  $53,750$69,021
  $72,356$85,028
  Population by Occupation
  0.5%1.2%
  0.6%0.5%
  5.6%6.8%
  17.8%10.0%
  2.4%2.5%
  10.8%11.0%
  5.3%4.8%
  0.5%0.8%
  0.8%1.9%
  3.6%4.7%
  2.2%1.9%
  11.4%7.6%
  0.3%0.1%
  3.0%4.2%
  4.1%9.3%
  14.1%14.0%
  1.8%2.1%
  7.3%7.0%
  4.5%4.8%
  3.4%4.7%
Reviews for Guntersville
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Over 16 years ago

Retired here a year ago, what a great place. We have lived in the country and in the city in 5 different states and another country and this is the best deal you will  More

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Over 16 years ago

My wife and I have lived in another country and five different states in the USA. We have now lived in this area for a year and love it more every day.We have retired  More

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Over 18 years ago

...the politics are still very much "good Ol'  More

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