Vincent, AL is a small town in Shelby County with an estimated population of 1,253. It offers affordable housing options as two bedroom rent averages at $950 compared to the national average of $1,430. This makes it an ideal location for first-time homebuyers or those looking to start their own family. Additionally, Vincent is known for its affordability when it comes to groceries, with a Grocery Cost Index of 96 that is lower than the national average of 100. In terms of local companies and amenities, Vincent has several restaurants such as The Sandwich Factory and Red Barn BBQ located in the downtown area. There are also plenty of parks and outdoor activities near the town center as well as cultural centers like the A.J.Larimore Cultural Center which host events throughout the year.
Vincent has an unemployment rate of 2.0%. The US average is 6.0%.
Vincent has seen the job market increase by 2.0% 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 Vincent
- The Sales Tax Rate for Vincent is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Vincent 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 Vincent
- The average income of a Vincent resident is $23,051 a year. The US average is $28,555 a year.
- The Median household income of a Vincent resident is $38,571 a year. The US average is $69,021 a year.