Birmingham, Alabama is a great city to live in with an amazing cost of living. The 2 Bedroom Rent in the area code 35224 in Birmingham, AL is $920, which is much lower than the US average of $1,430. Grocery Cost Index in this area of Birmingham is also very affordable at 90 compared to the US average of 100.
Birmingham is home to a number of companies such as Regions Financial Corporation, HealthSouth Corporation and Books-A-Million Inc. Residents can enjoy a variety of delicious restaurants like Hot & Hot Fish Club, Highlands Bar & Grill and Big Bad Breakfast. There are also plenty of attractions such as the Birmingham Zoo, Sloss Furnaces and Vulcan Park & Museum that make living here exciting and enjoyable.
Birmingham (zip 35224) has an unemployment rate of 5.6%. The US average is 6.0%.
Birmingham (zip 35224) 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 35224)
- The Sales Tax Rate for Birmingham (zip 35224) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35224) 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 35224)
- The average income of a Birmingham (zip 35224) resident is $23,045 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35224) resident is $45,679 a year. The US average is $69,021 a year.