Zip 35453 (Cottondale, AL) Economy


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35453 Cottondale, AL is a small town located in the heart of Alabama. It has a population of about 1,000 people and offers a variety of amenities such as restaurants, shops and parks. The town is known for its low cost of living with median rent for a two bedroom apartment being around $950. Grocery costs are also fairly low with an index score of 96 compared to the national average which is 100. Residents can enjoy shopping at local stores such as Ballard’s Corner Market and Southern Classic Grocery. There are also several restaurants in the area such as Vittles Restaurant and Cook Out that offer delicious food options. Cottondale is a great place to live for those looking for an affordable lifestyle while still enjoying all that Alabama has to offer.

Cottondale (zip 35453) has an unemployment rate of 3.6%. The US average is 6.0%.

Cottondale (zip 35453) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Cottondale (zip 35453)
- The Sales Tax Rate for Cottondale (zip 35453) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Cottondale (zip 35453) 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 Cottondale (zip 35453)
- The average income of a Cottondale (zip 35453) resident is $21,555 a year. The US average is $28,555 a year.
- The Median household income of a Cottondale (zip 35453) resident is $65,119 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCottondale, AlabamaUnited States
  3.66
  -6.5%-6.2%
  31.8%33.5%
  9.0%6.2%
  5.0%4.6%
  $27,653$37,638
  $65,119$69,021
  $71,567$85,028
  Population by Occupation
  0.0%1.2%
  1.7%0.5%
  9.4%6.8%
  23.9%10.0%
  1.2%2.5%
  6.8%11.0%
  3.2%4.8%
  1.0%0.8%
  0.6%1.9%
  2.6%4.7%
  2.3%1.9%
  3.6%7.6%
  0.0%0.1%
  3.9%4.2%
  7.9%9.3%
  17.6%14.0%
  0.9%2.1%
  3.7%7.0%
  5.8%4.8%
  3.8%4.7%
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