Birmingham, AL (35204) is a vibrant city with low 2 bedroom rent of $880 compared to the US average of $1,430. It also has a lower grocery cost index of 91 versus 100 in the US respectively. Birmingham is home to many large companies such as Regions Financial Corporation, Vulcan Materials Company, Energen Corporation, HealthSouth Corporation, and BBVA Compass. Additionally, it has many universities and colleges such as University of Alabama at Birmingham, Samford University, Birmingham-Southern College which bring many students to the city year round.
Birmingham (zip 35204) has an unemployment rate of 5.6%. The US average is 6.0%.
Birmingham (zip 35204) 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 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Birmingham (zip 35204)
- The Sales Tax Rate for Birmingham (zip 35204) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35204) 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 (zip 35204)
- The average income of a Birmingham (zip 35204) resident is $13,740 a year. The US average is $28,555 a year.
- The Median household income of a Birmingham (zip 35204) resident is $27,140 a year. The US average is $69,021 a year.