Indian Springs Village, AL is a great place for people who want to live close to amenities while still maintaining a small-town feel. This quaint town has many local establishments such as Indian Springs Grocery, Country Corner Cafe and Byers Hardware & Supply Inc. The rental market in Indian Springs Village is extremely competitive when compared to the rest of the US. The average cost of a two bedroom rent in Indian Springs Village is $1,360 whereas the same property type across the United States would cost $1,430 per month - making it more affordable than most places. Additionally, groceries are also cheaper with an index of 100 in Indian Springs Village versus 100 in the US. This makes living here even more appealing for budget conscious individuals and families alike!
Indian Springs Village has an unemployment rate of 2.0%. The US average is 6.0%.
Indian Springs Village has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Indian Springs Village
- The Sales Tax Rate for Indian Springs Village is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Indian Springs Village 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 Indian Springs Village
- The average income of a Indian Springs Village resident is $47,683 a year. The US average is $28,555 a year.
- The Median household income of a Indian Springs Village resident is $124,659 a year. The US average is $69,021 a year.