Zip 35022 (Bessemer, AL) Economy


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The city of Bessemer, Alabama is a great place to call home. The 2 bedroom rent in the area is $1,050 per month which is significantly lower than the US average of $1,430. The Grocery Cost Index in Bessemer AL is 97 versus 100 in the US making groceries more affordable as well. There are many properties available for rent including those from local companies such as Barkley Property Management, B&H Properties LLC, and Wildwood Real Estate & Investment LLC. Shopping for groceries in Bessemer AL will save you money compared to other places due to the local grocery cost index being 97 compared to a score of 100 nationally.

Bessemer (zip 35022) has an unemployment rate of 6.4%. The US average is 6.0%.

Bessemer (zip 35022) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.

Tax Rates for Bessemer (zip 35022)
- The Sales Tax Rate for Bessemer (zip 35022) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Bessemer (zip 35022) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bessemer (zip 35022)
- The average income of a Bessemer (zip 35022) resident is $34,959 a year. The US average is $37,638 a year.
- The Median household income of a Bessemer (zip 35022) resident is $68,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBessemer, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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