Birmingham, AL is a bustling city with a population of around 212,000. It has an average 2 bedroom rent of $910 which is much lower than the US average of $1,430. The grocery cost index in Birmingham is 99 compared to the US average of 100. This makes Birmingham a great place for those looking for affordable living and access to amenities.
For those looking for work or starting a business in Birmingham there are many local companies that can help. Some popular employers in the area include UAB Hospital, Regions Bank, American Cast Iron Pipe Company, Children's Hospital of Alabama, University of Alabama at Birmingham and Blue Cross and Blue Shield of Alabama. There are so many more great companies located in Birmingham that offer job opportunities and services to locals.
Birmingham (zip 35203) has an unemployment rate of 5.6%. The US average is 6.0%.
Birmingham (zip 35203) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Birmingham (zip 35203)
- The Sales Tax Rate for Birmingham (zip 35203) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35203) 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 Birmingham (zip 35203)
- The average income of a Birmingham (zip 35203) resident is $32,286 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35203) resident is $36,847 a year. The US average is $69,021 a year.