Valley, AL is an ideal location for anyone looking to find affordable living. With two bedroom rents averaging $1,020 compared to the US average of $1,430, this small town provides a cost effective atmosphere for families and individuals alike. Additionally, local grocery costs are even more attractive with an index of 93 versus 100 in the US. Valley is home to many businesses and industries including Alliance Group International LLC., Dixie Furniture Company Inc., D&L Manufacturing and Wacoal America Inc. With its convenient location and low cost of living, it’s no wonder why Valley has become such a desired place to settle down.
Valley has an unemployment rate of 3.8%. The US average is 6.0%.
Valley 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 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Valley
- The Sales Tax Rate for Valley is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Valley 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 Valley
- The average income of a Valley resident is $21,500 a year. The US average is $28,555 a year.
- The Median household income of a Valley resident is $51,476 a year. The US average is $69,021 a year.