The town of Addison, AL (zip code 35540) is a wonderful place to live. The average rent for a two bedroom apartment in Addison is $720, which is significantly less than the US average of $1,430. The grocery cost index in Addison is 93 compared to 100 in the US, making groceries more affordable in this area.
In addition to its lower cost of living, Addison provides plenty of local businesses and amenities for residents to enjoy. There are numerous restaurants such as Dickey's BBQ Pit and Papa John's Pizza. For outdoor activities there are several parks including Blount County Park and Mardis Mill Falls Trailhead Park. Shopping options are plentiful with stores such as Walmart Supercenter and Belk Department Store. Other local services available are banks, gas stations, schools, libraries, churches, salons/spas and pet stores.
Addison (zip 35540) has an unemployment rate of 2.6%. The US average is 6.0%.
Addison (zip 35540) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Addison (zip 35540)
- The Sales Tax Rate for Addison (zip 35540) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Addison (zip 35540) 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 Addison (zip 35540)
- The average income of a Addison (zip 35540) resident is $31,134 a year. The US average is $37,638 a year.
- The Median household income of a Addison (zip 35540) resident is $47,180 a year. The US average is $69,021 a year.