Hatton, AL Economy


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Hatton, AL is a small town in the south with a population under 4000 people. It is known for its low rental costs, making it a popular option for those looking to get the most bang for their buck. The average two-bedroom rental cost in Hatton is $730 while the US average is $1,430 – almost half the price! Grocery costs are also quite low with an index of 93 compared to 100 in the US.
Hatton also features some great local companies such as Southern Comfort HVAC and West End Diner that provide quality products and services to its community. With significantly lower rent prices than more expensive areas like New York City and San Francisco, Hatton offers great value for anyone looking to relocate or just enjoy a small-town atmosphere at a fraction of the cost.

Hatton has an unemployment rate of 2.6%. The US average is 6.0%.

Hatton has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Hatton
- The Sales Tax Rate for Hatton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hatton 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 Hatton
- The average income of a Hatton resident is $20,301 a year. The US average is $28,555 a year.
- The Median household income of a Hatton resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHatton, AlabamaUnited States
  2.66
  -0.9%-6.2%
  34.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $53,951$37,638
  $250,001$69,021
  $250,001$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  7.5%10.0%
  0.0%2.5%
  49.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  43.5%4.8%
  0.0%4.7%
Health
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