Zip 35235 (Birmingham, AL) Economy


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Birmingham, AL (35235) is a city located in Jefferson County, Alabama. The population of Birmingham is 212,461 according to the 2019 US Census. The median 2 bedroom rent in Birmingham is $1,170, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Birmingham is 94 compared to 100 in the US. There are many local companies that make up the economy of Birmingham such as Regions Bank, University of Alabama at Birmingham (UAB), Amerex Corporation, Alagasco Corporation and Sloss Furnaces National Historic Landmark.

Birmingham (zip 35235) has an unemployment rate of 5.6%. The US average is 6.0%.

Birmingham (zip 35235) 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 35235)
- The Sales Tax Rate for Birmingham (zip 35235) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35235) 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 35235)
- The average income of a Birmingham (zip 35235) resident is $26,390 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35235) resident is $58,246 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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