Ivalee, AL is a small town located in the Southern United States. It is known for its low cost of living, particularly when it comes to rental housing and grocery costs. The average 2 Bedroom rent in Ivalee is $750 per month, which is significantly lower than the US national average of $1,430 per month. Similarly, the Grocery Cost Index in Ivalee is 92 compared to the national average of 100. Because of these low prices, Ivalee is a great place to live for people on a budget. It also has several local businesses that are worth checking out such as Ivalee Pawns & Guns, Mrs. B's Bakery and Cafe and Jones Body Shop Inc.
Ivalee has an unemployment rate of 4.0%. The US average is 6.0%.
Ivalee has seen the job market decrease by -8.4% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Ivalee
- The Sales Tax Rate for Ivalee is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Ivalee 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 Ivalee
- The average income of a Ivalee resident is $23,775 a year. The US average is $37,638 a year.
- The Median household income of a Ivalee resident is $36,307 a year. The US average is $69,021 a year.