Piedmont, AL Economy


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Piedmont, AL is an attractive place to live with its low 2 bedroom rent at $730 compared to the US average of $1,430. It is also cheaper to grocery shop in Piedmont than elsewhere in the US due to its Grocery Cost Index of 92 versus 100. The city offers many opportunities for entertainment such as the nearby Cheaha State Park, which features a variety of outdoor activities like hiking, biking, fishing and more. Additionally, residents can find plenty of job opportunities at local businesses such as Advanced Assembly Manufacturing and Frito-Lay Snack Foods. There are also many annual events like the Annual Osanippa Creek Festival that draw people from all around the region to experience the unique culture Piedmont has to offer.

Piedmont has an unemployment rate of 3.9%. The US average is 6.0%.

Piedmont has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Piedmont
- The Sales Tax Rate for Piedmont is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Piedmont 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 Piedmont
- The average income of a Piedmont resident is $24,443 a year. The US average is $37,638 a year.
- The Median household income of a Piedmont resident is $45,463 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiedmont, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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