Loxley, AL Economy


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Loxley, AL is a small town located in Baldwin County on the Gulf Coast of Alabama. It is an ideal location for people who are looking for a peaceful and relaxed atmosphere away from the hustle and bustle of a big city. The cost of living in Loxley is quite affordable with two bedroom rent averaging $1,230 a month which is almost $200 cheaper than the US average of $1,430. Grocery costs are also below the national average index at 96 versus 100. There is no shortage of local businesses that provide essential services to the community such as Walmart, Dollar General, Stewart’s Pharmacy, Ballet Clothing Company, Taylors Home Furnishings, and more. All of these companies provide much needed goods and services to those who live in or visit Loxley.

Loxley has an unemployment rate of 2.9%. The US average is 6.0%.

Loxley has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Loxley
- The Sales Tax Rate for Loxley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Loxley 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 Loxley
- The average income of a Loxley resident is $26,519 a year. The US average is $28,555 a year.
- The Median household income of a Loxley resident is $73,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoxley, AlabamaUnited States
  2.96
  -3.6%-6.2%
  43.8%33.5%
  7.8%6.2%
  5.0%4.6%
  $32,051$37,638
  $73,125$69,021
  $82,891$85,028
  Population by Occupation
  1.3%1.2%
  0.3%0.5%
  5.4%6.8%
  17.5%10.0%
  0.5%2.5%
  9.6%11.0%
  3.4%4.8%
  4.4%0.8%
  2.5%1.9%
  1.8%4.7%
  5.3%1.9%
  1.2%7.6%
  0.0%0.1%
  4.5%4.2%
  10.5%9.3%
  14.6%14.0%
  0.6%2.1%
  8.6%7.0%
  5.2%4.8%
  2.9%4.7%
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