McDonald Chapel, AL is a small town located in Jefferson County in the state of Alabama. It is known for its beautiful countryside and friendly community. The median rent for a two bedroom apartment in McDonald Chapel is $930, which is significantly lower than the average rent of $1,430 for two bedrooms throughout the United States. Additionally, the Grocery Cost Index (GCI) is 90 in McDonald Chapel versus 100 nationwide. This indicates that groceries are generally cheaper in McDonald Chapel than they are across the country. As such, McDonald Chapel provides an excellent cost-of-living to its residents.
The local economy offers plenty of opportunities for employment as well as leisure activities. Local companies include Winn Dixie supermarket, McDonald's restaurant, and Dollar General store; all three businesses having been integral parts of McDonald Chapel’s economy for decades. For those seeking outdoor activities or a relaxing day out there are also various parks and lakes nearby..
McDonald Chapel has an unemployment rate of 3.8%. The US average is 6.0%.
McDonald Chapel has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for McDonald Chapel
- The Sales Tax Rate for McDonald Chapel is 10.0%. The US average is 7.3%.
- The Income Tax Rate for McDonald Chapel 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 McDonald Chapel
- The average income of a McDonald Chapel resident is $19,411 a year. The US average is $28,555 a year.
- The Median household income of a McDonald Chapel resident is $45,900 a year. The US average is $69,021 a year.