Limestone County, AL Economy


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United States / Alabama / Huntsville / Limestone County / Cities / Zip Codes
Limestone, AL County is a great place to live with its low cost of living and plentiful employment opportunities. The average two bedroom rent in Limestone County is $1,030 compared to the US average of $1,430, making it an affordable option for those on a budget. Additionally, the cost of groceries in Limestone is 96 on the index compared to 100 in the US. This makes it a great option for those who want to save money while still enjoying quality groceries. Companies that call Limestone home include Lockheed Martin Missiles & Fire Control, Kinetic Credit Union, and GKN Aerospace Engine System Solutions. All these local businesses add to the economic diversity of Limestone while providing excellent jobs for residents.

Limestone County has an unemployment rate of 2.1%. The US average is 6.0%.

Limestone County has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Limestone County
- The Sales Tax Rate for Limestone County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Limestone 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 Limestone County
- The average income of a Limestone County resident is $25,658 a year. The US average is $28,555 a year.
- The Median household income of a Limestone County resident is $70,736 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLimestone, AlabamaUnited States
  2.16
  -0.8%-6.2%
  41.1%33.5%
  6.0%6.2%
  5.0%4.6%
  $33,428$37,638
  $70,736$69,021
  $85,127$85,028
  Population by Occupation
  1.6%1.2%
  0.2%0.5%
  8.5%6.8%
  18.2%10.0%
  1.8%2.5%
  11.3%11.0%
  2.9%4.8%
  1.3%0.8%
  0.9%1.9%
  2.9%4.7%
  0.9%1.9%
  8.9%7.6%
  0.0%0.1%
  3.2%4.2%
  8.9%9.3%
  10.6%14.0%
  1.0%2.1%
  5.9%7.0%
  4.3%4.8%
  6.5%4.7%
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