The Scottsboro, AL Metro Area is a great place to live and offers a lower cost of living than the US on average. The 2 bedroom rent rate in the area is $740 compared to the US average of $1,430 making it an attractive option for anyone looking to save money on housing costs. Additionally, the local Grocery Cost Index is 95 compared to the US average of 100 which makes Scottsboro an even more attractive option for budget-minded individuals. There are many companies located in Scottsboro such as Diversified Fabricators Inc., Mechatronics Embedded Systems Inc., and Phoenix Logistics. This diverse selection of businesses provides plenty of job opportunities for locals and is indicative of the generally low cost of living in this Alabama metro area.
Scottsboro Metro Area has an unemployment rate of 2.5%. The US average is 6.0%.
Scottsboro Metro Area has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Scottsboro Metro Area
- The Sales Tax Rate for Scottsboro Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Scottsboro 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 Scottsboro Metro Area
- The average income of a Scottsboro Metro Area resident is $25,153 a year. The US average is $37,638 a year.
- The Median household income of a Scottsboro Metro Area resident is $43,785 a year. The US average is $69,021 a year.