Sterrett, AL is a small town located about 20 miles outside of Birmingham. It is a great place to live due to the low cost of living and local amenities. The average rent for a 2 bedroom apartment in Sterrett is $1,560 which is cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Sterrett is only 98 compared to 100 in the US, making groceries more affordable in this area. Several major companies are based in Sterrett such as Phoenix Services LLC and Davis Oil Company. There are also many smaller businesses that provide residents with all their needs including grocery stores, banks, and restaurants. Overall, Sterrett offers an amazing quality of life with its low cost of living and thriving local businesses.
Sterrett has an unemployment rate of 2.0%. The US average is 6.0%.
Sterrett has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Sterrett
- The Sales Tax Rate for Sterrett is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sterrett 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 Sterrett
- The average income of a Sterrett resident is $24,955 a year. The US average is $37,638 a year.
- The Median household income of a Sterrett resident is $26,007 a year. The US average is $69,021 a year.