Lauderdale County, AL is a great place to live due to its affordable cost of living. Rental rates for two bedroom apartments are much lower than the national average at $810 compared to $1,430. Additionally, the Grocery Cost Index in Lauderdale County is 94 compared to 100 on a national level. There are many local companies that contribute to the economy of Lauderdale County such as ABC Industries, Smith Plumbing Solutions, and Bailey's Home Supply. These businesses provide jobs and services throughout the county and help keep it thriving.
Lauderdale County has an unemployment rate of 2.8%. The US average is 6.0%.
Lauderdale County has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Lauderdale County
- The Sales Tax Rate for Lauderdale County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lauderdale 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 Lauderdale County
- The average income of a Lauderdale County resident is $29,667 a year. The US average is $37,638 a year.
- The Median household income of a Lauderdale County resident is $50,000 a year. The US average is $69,021 a year.