Lynn, AL is a small city located in Barbour County with an approximate population of 1,500 people. This quiet town offers its residents an affordable cost of living with 2 bedroom rent at $690 compared to the US average of $1,430. Lynn also has a low Grocery Cost Index rating of 91 compared to 100 in the US. There are many local businesses that can be found in Lynn such as J L's Grocery, Lynn Barber Shop, and Pro Tech Automotive Repair. All three businesses offer quality products and services that have kept them in business for many years and contribute to the local economy.
Lynn has an unemployment rate of 2.6%. The US average is 6.0%.
Lynn has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Lynn
- The Sales Tax Rate for Lynn is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lynn 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 Lynn
- The average income of a Lynn resident is $19,736 a year. The US average is $28,555 a year.
- The Median household income of a Lynn resident is $35,880 a year. The US average is $69,021 a year.