Stevenson, AL is a small city located in Jackson County with a population just over 1,600. The cost of living is relatively low compared to the median US cost of living. Rents for 2 bedroom apartments are around $760, whereas the US 2 bedroom rent averages closer to $1,430. The grocery cost index in Stevenson is also quite low at 93 compared to 100 in the US.
The city offers several local businesses such as Valley Grill & Pizzeria, a family-owned restaurant serving Italian food and pizza; Watson's TV & Appliance Inc., an electronics and appliance store; and Carnes Grocery Store, which provides fresh produce and other groceries. Stevenson also features several parks including Holmes Park, an outdoor area with walking trails and playgrounds, as well as Long Lake Park which offers hiking trails and fishing opportunities.
Stevenson has an unemployment rate of 2.5%. The US average is 6.0%.
Stevenson has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Stevenson
- The Sales Tax Rate for Stevenson is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Stevenson 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 Stevenson
- The average income of a Stevenson resident is $17,620 a year. The US average is $28,555 a year.
- The Median household income of a Stevenson resident is $41,348 a year. The US average is $69,021 a year.