Albertville, AL Metro Area is a great place to live and work. The 2 Bedroom Rent in Albertville is significantly lower than the US average at $740 per month compared to $1,430. This makes it an attractive option for those looking for affordable housing. Furthermore, the Grocery Cost Index in Albertville is 94 compared to 100 in the US as a whole. This shows that groceries are more affordable here than elsewhere. Local companies include Tyson Foods, 3M Corporation, and The Dixie Group Inc., which provides employment opportunities for area residents. All of this makes Albertville an appealing place to live with many amenities at a reasonable cost of living.
Albertville Metro Area has an unemployment rate of 2.2%. The US average is 6.0%.
Albertville Metro Area has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Albertville Metro Area
- The Sales Tax Rate for Albertville Metro Area is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Albertville Metro Area 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 Albertville Metro Area
- The average income of a Albertville Metro Area resident is $20,975 a year. The US average is $28,555 a year.
- The Median household income of a Albertville Metro Area resident is $52,938 a year. The US average is $69,021 a year.