Zip 35550 (Cordova, AL) Economy


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Cordova, Alabama is a small city located in Walker County. It has an estimated population of 3,555 and is known for its rich history. The cost of living in Cordova is very affordable with the average two-bedroom rental costing only $710 per month, compared to the US average of $1,430. Additionally, the Grocery Cost Index in Cordova is 91 compared to 100 in the US. Despite its affordability, Cordova still offers plenty of local amenities including restaurants such as El Charro Mexican Café and Old Town Pizzeria; stores like Walmart Supercenter and Napa Auto Parts; schools such as Cordova Elementary School; attractions like Noccalula Falls Park; and much more!

Cordova (zip 35550) has an unemployment rate of 3.3%. The US average is 6.0%.

Cordova (zip 35550) 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 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Cordova (zip 35550)
- The Sales Tax Rate for Cordova (zip 35550) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cordova (zip 35550) 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 Cordova (zip 35550)
- The average income of a Cordova (zip 35550) resident is $20,120 a year. The US average is $28,555 a year.
- The Median household income of a Cordova (zip 35550) resident is $45,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCordova, AlabamaUnited States
  3.36
  -3.6%-6.2%
  29.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $23,590$37,638
  $45,000$69,021
  $59,118$85,028
  Population by Occupation
  0.7%1.2%
  2.7%0.5%
  8.5%6.8%
  9.9%10.0%
  1.0%2.5%
  11.6%11.0%
  9.0%4.8%
  2.2%0.8%
  1.5%1.9%
  0.6%4.7%
  2.0%1.9%
  1.4%7.6%
  0.0%0.1%
  3.8%4.2%
  7.4%9.3%
  17.2%14.0%
  0.7%2.1%
  6.0%7.0%
  7.8%4.8%
  5.9%4.7%
Health