Clay, AL County is an excellent place to live with a lower cost of living than the U.S. average. The county has a 2 bedroom rent of $740, which is significantly less than the U.S. average of $1,430 for 2 bedroom rent. Additionally, Clay County’s Grocery Cost Index is 93 compared to 100 in the US. This means that groceries are more affordable in Clay County than they are in other areas of the country. There are several local businesses that call Clay County home including Walmart, Publix Super Markets Inc., Dollar General Corporation and Wingstop Restaurants Inc.. With its lower cost of living and wide variety of businesses, Clay County is an ideal place to call home.
Clay County has an unemployment rate of 2.5%. The US average is 6.0%.
Clay County has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clay County 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 Clay County
- The average income of a Clay County resident is $18,957 a year. The US average is $28,555 a year.
- The Median household income of a Clay County resident is $45,163 a year. The US average is $69,021 a year.