Ozark, AL Metro Area is an attractive place for people seeking a moderate cost of living. Rent for two bedroom apartments in the area averages $740, compared to the US average of $1,430. The local grocery cost index is 96 (versus 100 in the US), indicating lower food prices. Ozark is home to several well-known companies such as Flowers Baking Company, where employees are provided with competitive wages and benefits packages. People also have access to many services such as a library and recreational areas. The overall cost of living in Ozark is significantly lower than in other parts of the US and makes it an ideal location for those looking to stretch their budget further.
Ozark Metro Area has an unemployment rate of 3.1%. The US average is 6.0%.
Ozark Metro Area has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Ozark Metro Area
- The Sales Tax Rate for Ozark Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Ozark 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 Ozark Metro Area
- The average income of a Ozark Metro Area resident is $26,469 a year. The US average is $37,638 a year.
- The Median household income of a Ozark Metro Area resident is $50,052 a year. The US average is $69,021 a year.