36435 Coy, AL is a small town located in the heart of Alabama. It is known for its low cost of living and abundance of local businesses. The average 2 bedroom rent in Coy is $800, which is considerably lower than the US average of $1,430. Additionally, the grocery cost index in Coy is 91 versus 100 in the US overall – savings that many locals enjoy.
The town has a number of local companies that provide goods and services to residents. These include The Creek Market & Cafe, where you can buy fresh produce and grab a bite to eat; Farmer’s Hardware for all your home improvement needs; Old Time Floral for special occasion flowers; and several small specialty stores like Hobb’s Outfitter Supply and Hootenanny Home Décor. There are also numerous restaurants throughout Coy featuring everything from classic comfort food to gourmet fare. All of these companies make Coy a great place to live, work, and play.
Coy (zip 36435) has an unemployment rate of 11.6%. The US average is 6.0%.
Coy (zip 36435) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Coy (zip 36435)
- The Sales Tax Rate for Coy (zip 36435) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Coy (zip 36435) 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 Coy (zip 36435)
- The average income of a Coy (zip 36435) resident is $13,845 a year. The US average is $28,555 a year.
- The Median household income of a Coy (zip 36435) resident is $38,843 a year. The US average is $69,021 a year.