Smiths Station, AL Economy


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Smiths Station, AL is a small town located in Lee County, Alabama. It is home to several businesses and organizations, including Smiths Station Auto Parts, The Liberty Bank, Smiths Station Fire Department, and Smiths Station Post Office. The cost of living in Smiths Station is lower than the US average due to lower rent prices and grocery costs. The median 2 bedroom rent for this area is $1,040 versus the US average of $1,430. Additionally, the Grocery Cost Index in Smiths Station is 97 compared to 100 nationally. This makes Smiths Station a great place to live with an affordable cost of living.

Smiths Station has an unemployment rate of 2.7%. The US average is 6.0%.

Smiths Station has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Smiths Station
- The Sales Tax Rate for Smiths Station is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Smiths Station 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 Smiths Station
- The average income of a Smiths Station resident is $22,553 a year. The US average is $28,555 a year.
- The Median household income of a Smiths Station resident is $53,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmiths Station, AlabamaUnited States
  2.76
  -3.6%-6.2%
  38.5%33.5%
  9.0%6.2%
  5.0%4.6%
  $28,287$37,638
  $53,096$69,021
  $55,236$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.7%6.8%
  17.9%10.0%
  0.0%2.5%
  4.5%11.0%
  7.2%4.8%
  1.0%0.8%
  0.2%1.9%
  5.5%4.7%
  2.2%1.9%
  6.3%7.6%
  0.0%0.1%
  3.4%4.2%
  12.4%9.3%
  10.4%14.0%
  2.5%2.1%
  5.4%7.0%
  9.2%4.8%
  3.2%4.7%
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