Zip 35055 (Cullman, AL) Economy


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35055 Cullman, AL is an ideal place to live for those looking for a cost-effective lifestyle. The average two bedroom rent in 35055 is $810 compared to the US rate of $1,430. Additionally, the grocery cost index in 35055 is 95 as opposed to 100 in the US. This makes it easier for residents to afford groceries without having to sacrifice quality. Living in 35055 offers a variety of amenities including great restaurants like Scoop-N-Dip and 37 BBQ & Steakhouse, shopping venues such as Target and Walmart, leisure activities from Lake Catoma and Cathedral Caverns State Park, and educational institutions like Wallace State Community College. With its affordability and diverse selection of attractions, 35055 Cullman is an excellent choice for individuals or families looking for a place to call home.

Cullman (zip 35055) has an unemployment rate of 2.0%. The US average is 6.0%.

Cullman (zip 35055) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.

Tax Rates for Cullman (zip 35055)
- The Sales Tax Rate for Cullman (zip 35055) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Cullman (zip 35055) 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 Cullman (zip 35055)
- The average income of a Cullman (zip 35055) resident is $20,976 a year. The US average is $28,555 a year.
- The Median household income of a Cullman (zip 35055) resident is $53,810 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCullman, AlabamaUnited States
  26
  -2.3%-6.2%
  37.8%33.5%
  9.0%6.2%
  5.0%4.6%
  $28,697$37,638
  $53,810$69,021
  $71,301$85,028
  Population by Occupation
  1.1%1.2%
  0.1%0.5%
  7.4%6.8%
  14.8%10.0%
  1.6%2.5%
  14.1%11.0%
  4.2%4.8%
  0.2%0.8%
  0.0%1.9%
  4.0%4.7%
  1.2%1.9%
  3.1%7.6%
  0.0%0.1%
  2.9%4.2%
  6.2%9.3%
  18.6%14.0%
  0.8%2.1%
  11.4%7.0%
  3.4%4.8%
  4.9%4.7%
Health