Jacksons' Gap, AL is a small town located between Montgomery and Auburn, Alabama. It is known for its rich history and affordable cost of living. According to the content provided, 2 bedroom rent in Jacksons' Gap is $760 where as the US 2 Bedroom Rent is $1,430 making it significantly more affordable than the national average. Grocery Cost Index in Jacksons' Gap is also quite low at 103 versus 100 in the US.
The town has many local companies such as JG Insurance Agency Inc., Jackson’s Gap Library, Holley's Hardware & Feed Store, and Wills Chapel United Methodist Church which all contribute to the overall community of Jacksons' Gap. With a low cost of living and various local businesses the town has much to offer for those looking for an affordable place to live.
Jacksons' Gap has an unemployment rate of 4.2%. The US average is 6.0%.
Jacksons' Gap has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Jacksons' Gap
- The Sales Tax Rate for Jacksons' Gap is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Jacksons' Gap 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 Jacksons' Gap
- The average income of a Jacksons' Gap resident is $13,843 a year. The US average is $28,555 a year.
- The Median household income of a Jacksons' Gap resident is $51,071 a year. The US average is $69,021 a year.