Birmingham, Alabama (postal code 35234) is an affordable place for renters. According to data from Zillow, the median two-bedroom rent in Birmingham was $870 as of May 2020, which is much lower than the national median rent of $1,430. Birmingham also hosts a variety of grocery stores, such as Piggly Wiggly and Publix Super Markets, that make it easy for residents to purchase groceries at competitive prices; the city's Grocery Cost Index was 91 versus 100 in the US. Furthermore, the city is home to several renowned local businesses such as ABC Bakery & Café and John’s Pizza Place that provide excellent service and quality products. The diverse culture in Birmingham makes it an exciting place to live in with plenty of activities available for locals all year round.
Birmingham (zip 35234) has an unemployment rate of 5.6%. The US average is 6.0%.
Birmingham (zip 35234) 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 35234)
- The Sales Tax Rate for Birmingham (zip 35234) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35234) 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 35234)
- The average income of a Birmingham (zip 35234) resident is $12,546 a year. The US average is $28,555 a year.
- The Median household income of a Birmingham (zip 35234) resident is $22,774 a year. The US average is $69,021 a year.