Decatur, AL is a city located in Morgan County with a population of 55,683. It is popular among families due to its affordability; the median 2-bedroom rent in Decatur is $800 compared to the US average of $1,430. Furthermore, grocery cost index in Decatur is 96 versus the national average of 100, making groceries more affordable than most other cities nationwide. Local businesses present within Decatur include Decatur Utilities, Hytronik Inc., Conveyor & Automation Technologies LLC., and Kimco Steel Sales Inc. These companies provide a variety of services ranging from energy supply and industrial automation solutions to steel sales and manufacturing services.
Decatur (zip 35603) has an unemployment rate of 3.0%. The US average is 6.0%.
Decatur (zip 35603) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Decatur (zip 35603)
- The Sales Tax Rate for Decatur (zip 35603) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur (zip 35603) 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 Decatur (zip 35603)
- The average income of a Decatur (zip 35603) resident is $37,980 a year. The US average is $37,638 a year.
- The Median household income of a Decatur (zip 35603) resident is $65,453 a year. The US average is $69,021 a year.