Fort Payne, AL is a great place to call home. With a population of 35967, this small city located in DeKalb County offers plenty of activities for all ages. The cost of living is also very reasonable with 2 bedroom rent at only $750. This is significantly lower than the US average which is currently $1,430. Other price indices such as grocery costs are also lower here than the rest of the country, with Fort Payne's index at 94 compared to a US average of 100. There are many local businesses in Fort Payne worth mentioning, including Brown Precision Inc., Southland International Trucks Inc., Home Furniture and Floor Coverings Inc., and Lee Metal Products Manufacturing Company. All these companies provide excellent job opportunities and contribute greatly to the economy of the city.
Fort Payne (zip 35967) has an unemployment rate of 2.3%. The US average is 6.0%.
Fort Payne (zip 35967) 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 Fort Payne (zip 35967)
- The Sales Tax Rate for Fort Payne (zip 35967) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Payne (zip 35967) 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 Fort Payne (zip 35967)
- The average income of a Fort Payne (zip 35967) resident is $18,543 a year. The US average is $28,555 a year.
- The Median household income of a Fort Payne (zip 35967) resident is $44,027 a year. The US average is $69,021 a year.