Akron, AL (35441) is a small city located in the heart of Alabama. It has a population of just over 1,000 people and is known for its affordable living. The average 2 bedroom rental price in the area is $810 per month, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Akron is 93 versus 100 in the US, meaning groceries tend to be cheaper here than other places around the country. \nLocal businesses around Akron include popular restaurants like Taco Bell and Subway as well as local favorites like Winston’s Bar-B-Que and House of Pizza. There are also a variety of mom-and-pop shops offering hardware supplies and other goods at reasonable prices. Overall, living in Akron can be quite affordable with rent, groceries, and goods being relatively inexpensive when compared to other parts of the state or nation.
Akron (zip 35441) has an unemployment rate of 6.1%. The US average is 6.0%.
Akron (zip 35441) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Akron (zip 35441)
- The Sales Tax Rate for Akron (zip 35441) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Akron (zip 35441) 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 Akron (zip 35441)
- The average income of a Akron (zip 35441) resident is $22,737 a year. The US average is $37,638 a year.
- The Median household income of a Akron (zip 35441) resident is $45,391 a year. The US average is $69,021 a year.