Zip 35951 (Albertville, AL) Economy


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Albertville, AL (35951) is a small city with a population of about 21,000 people and it is located in Marshall County. It is known for its many outdoor activities and scenic lake views. The city has a low cost of living compared to the national average, with the 2 bedroom rental rate averaging $750 compared to $1,430 in the US. Additionally, the Grocery Cost Index is 93 versus 100 in the US which helps make Albertville an attractive place to live. Major employers in Albertville include Cargill Turkey Production LLC, Butler Snow LLP Law Firm and L-N-L Apparel Inc. There are also plenty of restaurants, shops and other amenities that make Albertville an ideal location for those looking for affordable living costs.

Albertville (zip 35951) has an unemployment rate of 2.2%. The US average is 6.0%.

Albertville (zip 35951) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Albertville (zip 35951)
- The Sales Tax Rate for Albertville (zip 35951) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Albertville (zip 35951) 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 Albertville (zip 35951)
- The average income of a Albertville (zip 35951) resident is $19,315 a year. The US average is $28,555 a year.
- The Median household income of a Albertville (zip 35951) resident is $45,543 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbertville, AlabamaUnited States
  2.26
  -1.2%-6.2%
  41.2%33.5%
  9.0%6.2%
  5.0%4.6%
  $22,913$37,638
  $45,543$69,021
  $52,500$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  11.4%6.8%
  23.4%10.0%
  0.9%2.5%
  13.4%11.0%
  1.3%4.8%
  1.2%0.8%
  2.9%1.9%
  2.7%4.7%
  0.8%1.9%
  1.1%7.6%
  0.1%0.1%
  7.8%4.2%
  6.3%9.3%
  10.0%14.0%
  0.8%2.1%
  7.1%7.0%
  5.3%4.8%
  1.6%4.7%
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