Woodland, AL Economy


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United States / Alabama / No Metro Area / Randolph County / Woodland / Zip Codes
Woodland, AL is an affordable and cozy town with plenty of job opportunities. A two bedroom rent can cost around $730 compared to the US average of $1,430. This makes it a great option for renters or first-time homebuyers. Local companies include Woodland Food Products Inc, Riverside Lumber Company, and Angelica Textile Services. The grocery cost index in Woodland is 92 versus 100 in the US which means that living costs are relatively low. All these factors make Woodland, AL an ideal place to live and work.

Woodland has an unemployment rate of 2.5%. The US average is 6.0%.

Woodland has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Woodland
- The Sales Tax Rate for Woodland is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Woodland 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 Woodland
- The average income of a Woodland resident is $18,662 a year. The US average is $28,555 a year.
- The Median household income of a Woodland resident is $145,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodland, AlabamaUnited States
  2.56
  -2.6%-6.2%
  30.7%33.5%
  6.5%6.2%
  5.0%4.6%
  $31,812$37,638
  $145,227$69,021
  $145,633$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.9%6.8%
  3.7%10.0%
  0.0%2.5%
  7.4%11.0%
  0.0%4.8%
  0.5%0.8%
  0.0%1.9%
  40.0%4.7%
  0.0%1.9%
  0.5%7.6%
  0.0%0.1%
  1.4%4.2%
  4.2%9.3%
  4.2%14.0%
  0.0%2.1%
  0.5%7.0%
  35.8%4.8%
  0.9%4.7%
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