Red Level, AL Economy


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United States / Alabama / No Metro Area / Covington County / Red Level / Zip Codes
Red Level, AL is a small town located in Covington County. Despite its size, it still offers many amenities and services to its residents. The cost of living is relatively low, with 2 bedroom rent averaging $720 per month compared to the national average of $1,430. Additionally, grocery costs are cheaper in Red Level than the US index at 92 versus 100. There are several local businesses that provide services to the community such as M&M Grocery Store and B&E Hardware Store which offer quality goods at affordable prices. In summary, Red Level AL provides an excellent option for those looking for an affordable place to live while still enjoying quality amenities and services from local stores.

Red Level has an unemployment rate of 2.8%. The US average is 6.0%.

Red Level has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Red Level
- The Sales Tax Rate for Red Level is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Red Level 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 Red Level
- The average income of a Red Level resident is $22,798 a year. The US average is $37,638 a year.
- The Median household income of a Red Level resident is $47,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRed Level, 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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