Shorter, AL is a small town in Montgomery County with a population of 1,613. It is best known for its Shorter University and nearby Tuskegee University. The cost of living in Shorter is quite low when compared to the national average; two-bedroom rent is around $690, while the US two bedroom rent averages around $1,430. Grocery costs index at 92 versus 100 in the US.
The economy of Shorter is primarily supported by local businesses such as Church's chicken, Paradise Donuts & Cafe, and Aaron's Auto Repair & Paint Shop. Other notable businesses include Fontaine Interiors, Baker Instruments Inc., and Prodigy Insurance Group LLC. These businesses offer employment opportunities to many of its citizens as well as providing goods and services to the community.
Shorter has an unemployment rate of 6.3%. The US average is 6.0%.
Shorter has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Shorter
- The Sales Tax Rate for Shorter is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Shorter is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shorter
- The average income of a Shorter resident is $22,878 a year. The US average is $37,638 a year.
- The Median household income of a Shorter resident is $39,583 a year. The US average is $69,021 a year.