Pelham, AL 35124 is a great place to call home. This small city offers affordable housing with the average two bedroom rent being $1,270 compared to the US average of $1,430. The grocery cost index in Pelham is also lower than the national average at 98 versus 100. Local businesses contribute to the strong economy in Pelham with many popular local companies such as Magic City Carpet Cleaners, Pelham Pest Solutions, and T-Mobile store all headquartered in the area. Living in Pelham provides not only an affordable lifestyle but also a tight knit community atmosphere that can be enjoyed year round.
Pelham (zip 35124) has an unemployment rate of 2.0%. The US average is 6.0%.
Pelham (zip 35124) 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 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Pelham (zip 35124)
- The Sales Tax Rate for Pelham (zip 35124) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Pelham (zip 35124) 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 Pelham (zip 35124)
- The average income of a Pelham (zip 35124) resident is $34,422 a year. The US average is $28,555 a year.
- The Median household income of a Pelham (zip 35124) resident is $80,261 a year. The US average is $69,021 a year.