Zip 35205 (Birmingham, AL) Economy


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Birmingham, AL (35205) is a great city for those looking for affordable housing. The average cost of a two-bedroom rental in the area is $1,130, which is significantly lower than the US average of $1,430. Furthermore, grocery costs are considerably lower with an index score of 96 compared to 100 in the US. The area offers many local businesses and amenities such as the Birmingham Botanical Gardens, Oak Mountain State Park, McWane Science Center and Vulcan Park and Museum. There are also many excellent restaurants such as Satterfield's Restaurant and Bamboo on 2nd. With its affordable housing costs and abundance of local businesses and amenities, 35205 Birmingham is an amazing place to live!

Birmingham (zip 35205) has an unemployment rate of 5.6%. The US average is 6.0%.

Birmingham (zip 35205) 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 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Birmingham (zip 35205)
- The Sales Tax Rate for Birmingham (zip 35205) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35205) 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 35205)
- The average income of a Birmingham (zip 35205) resident is $37,095 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35205) resident is $43,277 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBirmingham, 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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