Decatur, AL Metro Area is an attractive area to live with a variety of amenities. The 2 Bedroom rent in the Metro Area is significantly lower than the US average, at $800 compared to $1,430. Grocery cost index in Decatur is also lower than the US average, at 94 versus 100. The city offers many great local businesses such as Redstone Federal Credit Union and Grissom & Hagood Law Firm. Points of interest include Point Mallard Park, Cook's Natural Science Museum and Ingalls Harbor. All these wonderful attractions make Decatur a great place to live and visit.
Decatur Metro Area has an unemployment rate of 2.5%. The US average is 6.0%.
Decatur Metro Area has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Decatur Metro Area
- The Sales Tax Rate for Decatur Metro Area is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Decatur 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 Decatur Metro Area
- The average income of a Decatur Metro Area resident is $29,646 a year. The US average is $37,638 a year.
- The Median household income of a Decatur Metro Area resident is $55,232 a year. The US average is $69,021 a year.