Smoke Rise, AL Economy


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Smoke Rise, AL is a small town located in the state of Alabama. The city offers affordable housing with 2 bedroom rent averaging just $840 per month which is much lower than the national average of $1,430 for two bedrooms. Smoke Rise has an array of local businesses ranging from restaurants such as Alfano's Pizzeria to retail stores like Joe's Hardware Store. Additionally, the city offers a grocery cost index of 96 compared to 100 nationally, making it relatively inexpensive to buy groceries for families or individuals living in Smoke Rise.

Smoke Rise has an unemployment rate of 2.1%. The US average is 6.0%.

Smoke Rise has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Smoke Rise
- The Sales Tax Rate for Smoke Rise is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Smoke Rise 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 Smoke Rise
- The average income of a Smoke Rise resident is $27,727 a year. The US average is $28,555 a year.
- The Median household income of a Smoke Rise resident is $108,200 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmoke Rise, AlabamaUnited States
  2.16
  -3.5%-6.2%
  31.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $29,986$37,638
  $108,200$69,021
  $108,525$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.6%6.8%
  2.9%10.0%
  2.4%2.5%
  30.4%11.0%
  6.5%4.8%
  0.0%0.8%
  0.0%1.9%
  10.4%4.7%
  1.5%1.9%
  3.2%7.6%
  0.0%0.1%
  19.8%4.2%
  11.0%9.3%
  3.2%14.0%
  0.0%2.1%
  4.8%7.0%
  1.3%4.8%
  0.0%4.7%
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