Lookout Mountain, AL is a great place to live for those looking for an affordable lifestyle. With a 2 Bedroom rental rate of $740 and a Grocery Cost Index of 91 compared to the US average of 100, it provides great cost savings for families. For those looking to work in Lookout Mountain, there are many local companies such as Reaves Farms, WG&S Industries, and Lookout Mountain Landscaping which offer various employment opportunities with competitive salaries. Those who want to explore beyond Lookout Mountain can do so via the nearby bus and shuttle services as well as numerous car rental companies located within the vicinity.
Lookout Mountain has an unemployment rate of 4.0%. The US average is 6.0%.
Lookout Mountain 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 Lookout Mountain
- The Sales Tax Rate for Lookout Mountain is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Lookout Mountain 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 Lookout Mountain
- The average income of a Lookout Mountain resident is $37,727 a year. The US average is $37,638 a year.
- The Median household income of a Lookout Mountain resident is $0 a year. The US average is $69,021 a year.