Taylor, Alabama is a great place to live with a low cost of living. The average rent for a two-bedroom home is $800 per month, and the grocery cost index in Taylor is 96 compared to 100 in the US. This means that food costs 4% less in Taylor than in other parts of the country. There are plenty of good jobs available as well, with companies like Walmart, Lowe’s Home Improvement, PepsiCo, and Amazon located close by. The area also offers many recreational activities such as hiking trails and shopping malls so residents can enjoy their downtime without sacrificing their budget.
Taylor has an unemployment rate of 3.4%. The US average is 6.0%.
Taylor has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Taylor
- The Sales Tax Rate for Taylor is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Taylor 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 Taylor
- The average income of a Taylor resident is $16,292 a year. The US average is $28,555 a year.
- The Median household income of a Taylor resident is $49,394 a year. The US average is $69,021 a year.