Birmingham, IA is a city located in the state of Iowa and is known for its low rent and cost of living. The 2 Bedroom Rent in Birmingham is $820, which is much lower than the $1,430 US average. Furthermore, the Grocery Cost Index in Birmingham is 93 versus 100 in the US, making it a great option for those looking to minimize their expenses. Additionally, Birmingham has a variety of local companies including Brown's Dairy Farm which provides fresh milk and other dairy products from their family-owned farm; Ellington Realty which offers services of buying and selling real estate; and Wagner Brothers Construction that has over 25 years of experience providing construction services.
Birmingham has an unemployment rate of 3.9%. The US average is 6.0%.
Birmingham has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Birmingham
- The Sales Tax Rate for Birmingham is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Birmingham
- The average income of a Birmingham resident is $23,593 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham resident is $50,357 a year. The US average is $69,021 a year.