Zip 35206 (Birmingham, AL) Economy


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Birmingham, AL (35206) is a great place to rent an apartment, with 2 bedroom rentals averaging $1,050 per month compared to the US average of $1,430. This is beneficial for those looking to save money on their housing expenses while living in a vibrant city. Food and amenities are also quite affordable, as Birmingham has a Grocery Cost Index of 91 compared to 100 in the US. This area offers more than just affordability though; there are a multitude of businesses that make life here dynamic and exciting. Locally-owned stores such as Piggly Wiggly Supermarket, Rowland's Dry Cleaning, and Bama Buggies Car Wash offer quality products and services at competitive prices. For those looking for entertainment venues or fine dining restaurants, there's always something interesting going on at places like The Nick and Little Savannah Restaurant & Bar. With so much variety available in Birmingham (35206), it's easy to see why this area is such an attractive place to live!

Birmingham (zip 35206) has an unemployment rate of 5.6%. The US average is 6.0%.

Birmingham (zip 35206) 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 35206)
- The Sales Tax Rate for Birmingham (zip 35206) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35206) 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 35206)
- The average income of a Birmingham (zip 35206) resident is $21,797 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35206) resident is $33,366 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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