36316 Chancellor, AL is a small town located in the south of Alabama. It has a population of around 10,000 people and is known for its small-town feel. Rent cost for a 2 bedroom apartment here is $740 which is much lower than the US average of $1,430. Grocery costs are also much lower here with an index of 96 compared to 100 in the US. There are many local businesses and amenities that can be enjoyed here such as The Waffle House, Publix Super Market, Walmart, and The Regal Cinema Town Center 4 for entertainment. Other attractions include football games at Troy University and several golf courses close by.
Chancellor (zip 36316) has an unemployment rate of 2.5%. The US average is 6.0%.
Chancellor (zip 36316) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Chancellor (zip 36316)
- The Sales Tax Rate for Chancellor (zip 36316) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chancellor (zip 36316) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chancellor (zip 36316)
- The average income of a Chancellor (zip 36316) resident is $27,456 a year. The US average is $28,555 a year.
- The Median household income of a Chancellor (zip 36316) resident is $66,658 a year. The US average is $69,021 a year.