Hodges, AL Economy


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United States / Alabama / No Metro Area / Franklin County / Hodges / Zip Codes
Hodges, AL is a small town located in Lamar County with an estimated population of just under 600 people. The average rent for a two bedroom apartment in Hodges is much lower than the national average, at $730 as compared to the US average of $1,430. Additionally, the grocery cost index in Hodges is 91 whereas the national index is 100. This makes it an attractive option for those looking for an affordable living. Notable businesses in Hodges include La Preciousa Bakery and Pizzeria, Luedtke's IGA Food Market, and D & M Discount Store & Wholesale.

Hodges has an unemployment rate of 2.1%. The US average is 6.0%.

Hodges has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Hodges
- The Sales Tax Rate for Hodges is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hodges 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 Hodges
- The average income of a Hodges resident is $19,953 a year. The US average is $28,555 a year.
- The Median household income of a Hodges resident is $70,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHodges, AlabamaUnited States
  2.16
  -2.8%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.0%4.6%
  $22,110$37,638
  $70,750$69,021
  $95,208$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.0%6.8%
  17.6%10.0%
  2.1%2.5%
  2.1%11.0%
  13.4%4.8%
  15.5%0.8%
  0.0%1.9%
  1.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.8%4.2%
  9.2%9.3%
  5.6%14.0%
  2.1%2.1%
  1.4%7.0%
  19.7%4.8%
  0.0%4.7%
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