Zip 35988 (Sylvania, AL) Economy


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United States / Alabama / No Metro Area / DeKalb County / Sylvania / Sylvania (zip 35988)
Sylvania, Alabama (zip code 35988) is a small town located near the outskirts of Huntsville. With a population of about 2,000 people, it offers a friendly and peaceful atmosphere while still providing convenient access to big city amenities. The average rent for a two bedroom apartment in Sylvania is $760 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Sylvania is 92 versus 100 in the United States meaning groceries are more affordable as well.
Sylvania hosts a variety of local businesses that support its residents including restaurants such as Ladds BBQ and AJ's Family Diner; entertainment hubs such as Cinemagic Theater; and necessary services like medical offices and banks. There’s even a weekly farmers' market where locals can buy fresh produce and artisan products from local vendors. All these amenities make Sylvania an attractive option for those looking for an affordable place to live.

Sylvania (zip 35988) has an unemployment rate of 2.3%. The US average is 6.0%.

Sylvania (zip 35988) 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 Sylvania (zip 35988)
- The Sales Tax Rate for Sylvania (zip 35988) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sylvania (zip 35988) 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 Sylvania (zip 35988)
- The average income of a Sylvania (zip 35988) resident is $16,809 a year. The US average is $28,555 a year.
- The Median household income of a Sylvania (zip 35988) resident is $45,081 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySylvania, AlabamaUnited States
  2.36
  -3.1%-6.2%
  36.5%33.5%
  9.0%6.2%
  5.0%4.6%
  $24,757$37,638
  $45,081$69,021
  $57,250$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  2.4%6.8%
  30.6%10.0%
  5.6%2.5%
  4.9%11.0%
  5.4%4.8%
  1.8%0.8%
  0.2%1.9%
  5.1%4.7%
  0.0%1.9%
  5.5%7.6%
  0.0%0.1%
  3.7%4.2%
  3.2%9.3%
  13.9%14.0%
  0.0%2.1%
  2.1%7.0%
  11.9%4.8%
  0.8%4.7%
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