Toxey, AL is a small rural community located in the southern part of Alabama. It is a fairly quiet place with a population of less than 500 people. Although it is a small town, there are many local businesses that offer services to the residents. These include stores like Toxey Grocery and the Toxey Hardware Store, as well as other local institutions such as the Toxey Medical Clinic and Veterinary Center. The cost of living in Toxey is relatively low compared to other parts of the country; for example, rent for a two bedroom apartment in Toxey averages $770 whereas in comparison rents for similar apartments in the US average $1,430. There is also an affordable grocery cost index in Toxey which stands at 93 versus 100 in the US. In conclusion, living in Toxey can be an affordable and pleasant experience for those looking for a peaceful rural setting.
Toxey has an unemployment rate of 4.0%. The US average is 6.0%.
Toxey has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Toxey
- The Sales Tax Rate for Toxey is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Toxey 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 Toxey
- The average income of a Toxey resident is $24,041 a year. The US average is $28,555 a year.
- The Median household income of a Toxey resident is $26,875 a year. The US average is $69,021 a year.