Lester, AL Economy


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Lester, AL is a great place to live, offering affordable rents and cost of living. The 2 bedroom rent in the city is a remarkable $880, which is almost half the national average of $1,430. In addition to low rents, one can enjoy a variety of stores and services as the Grocery Cost Index in Lester is 94 versus 100 in the US. There are plenty of local companies that make living here enjoyable. For instance, there are coffee shops like The Bean House, local restaurants such as Mama's Kitchen and bars like Brickside Lounge for entertainment with friends. For shopping needs there are also stores like Gap Grocery Store and Lester Corner Market. This small city also has plenty of outdoor activities such as hiking at White Oak Mountain or relaxing at Clear Creek Park. Furthermore, educational opportunities include elementary schools like Maddox Elementary School and high schools such as Ardmore High School offering unparalleled learning experiences. All these amenities make Lester an attractive place to live.

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

Lester has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Lester
- The Sales Tax Rate for Lester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lester 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 Lester
- The average income of a Lester resident is $19,051 a year. The US average is $28,555 a year.
- The Median household income of a Lester resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLester, AlabamaUnited States
  2.16
  -0.8%-6.2%
  41.1%33.5%
  6.0%6.2%
  5.0%4.6%
  $18,860$37,638
  $46,250$69,021
  $44,688$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  16.1%6.8%
  25.8%10.0%
  0.0%2.5%
  1.6%11.0%
  1.6%4.8%
  1.6%0.8%
  0.0%1.9%
  6.5%4.7%
  0.0%1.9%
  8.1%7.6%
  0.0%0.1%
  0.0%4.2%
  1.6%9.3%
  9.7%14.0%
  0.0%2.1%
  19.4%7.0%
  4.8%4.8%
  0.0%4.7%
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