Collinsville, AL (35961) is a small town located in Dekalb County, Alabama. It is a great place for those looking to enjoy a peaceful lifestyle and small-town living with many recreational opportunities nearby. The 2 bedroom rent in Collinsville is $690 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index for Collinsville is 94 versus the US average of 100 making it an affordable place to live.
The area has seen much growth over recent years with popular local companies such as Ingersoll Rand, Collinsville Health Care Center, Calhoun Community College and Dekalb Tool & Die making their home here. Visitors can enjoy fishing, swimming and camping at Lake Guntersville State Park or take a trip to nearby Fort Payne for shopping and dining out options as well as festivals throughout the year. Collinsville is an excellent spot for anyone looking for a tranquil atmosphere with plenty of activities to keep them occupied.
Collinsville (zip 35961) has an unemployment rate of 2.3%. The US average is 6.0%.
Collinsville (zip 35961) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Collinsville (zip 35961)
- The Sales Tax Rate for Collinsville (zip 35961) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Collinsville (zip 35961) 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 Collinsville (zip 35961)
- The average income of a Collinsville (zip 35961) resident is $17,294 a year. The US average is $28,555 a year.
- The Median household income of a Collinsville (zip 35961) resident is $38,714 a year. The US average is $69,021 a year.