Birmingham-Hoover, AL Metro Area is a popular city in Alabama with a variety of local businesses and attractions that attract residents. Two bedroom rent in the area is $1,060 which is slightly lower than the US average of $1,430. The Grocery Cost Index in Birmingham-Hoover is also lower at 95 compared to the national average of 100.
The city offers plenty of employment opportunities at several major companies including Regions Financial Corporation, Buffalo Rock Company, Hibbett Sports, Inc., and Trinity Medical Center. Notable attractions include the Birmingham Zoo, University of Alabama at Birmingham Planetarium, and Oak Mountain State Park. Overall, Birmingham-Hoover is an attractive place to live with its affordability and many different amenities and services available to its residents.
Birmingham-Hoover Metro Area has an unemployment rate of 3.2%. The US average is 6.0%.
Birmingham-Hoover Metro Area has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Birmingham-Hoover Metro Area
- The Sales Tax Rate for Birmingham-Hoover Metro Area is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Birmingham-Hoover Metro Area is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Birmingham-Hoover Metro Area
- The average income of a Birmingham-Hoover Metro Area resident is $26,706 a year. The US average is $28,555 a year.
- The Median household income of a Birmingham-Hoover Metro Area resident is $62,873 a year. The US average is $69,021 a year.