The small city of Clayton, Alabama (36016) is an ideal area for those looking to save money in terms of rent and groceries. Rent for a 2 bedroom apartment in Clayton is estimated at $780, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Clayton stands at 93 compared to the US average of 100. This means that groceries bought in Clayton are more affordable than other areas. In addition to lower prices, residents also have access to plenty of local businesses. Stores such as Big Star Grocery and The Market Place provide quality food options at an even better price. Furthermore, there are several restaurants such as K&K Cafe and Ray's Pizza that serve delicious meals at a reasonable cost. As a result, Clayton is a great place for those looking to save money on everyday expenses while still enjoying the amenities offered by local businesses.
Clayton (zip 36016) has an unemployment rate of 5.6%. The US average is 6.0%.
Clayton (zip 36016) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Clayton (zip 36016)
- The Sales Tax Rate for Clayton (zip 36016) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Clayton (zip 36016) 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 Clayton (zip 36016)
- The average income of a Clayton (zip 36016) resident is $14,458 a year. The US average is $28,555 a year.
- The Median household income of a Clayton (zip 36016) resident is $48,289 a year. The US average is $69,021 a year.