35553 Double Springs, AL is a small town located in northern Alabama with a population of about 1,443 people. This small rural area offers its residents an affordable cost of living, with two bedroom rent averaging at $740 per month - significantly lower than the US average of $1,430. Similarly, groceries are also more affordable in 35753 Double Springs with its Grocery Cost Index at 91 compared to the US index of 100. Companies that can be found in this area include Double Springs Pharmacy, Garden Gate Café & Country Store, G-N-G Produce & Feeds Inc., and Bugg’s BBQ. With its low cost of living and plenty of local businesses available in the area, 35753 Double Springs would make a great place to live for those looking for an affordable place to call home.
Double Springs (zip 35553) has an unemployment rate of 2.6%. The US average is 6.0%.
Double Springs (zip 35553) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Double Springs (zip 35553)
- The Sales Tax Rate for Double Springs (zip 35553) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Double Springs (zip 35553) 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 Double Springs (zip 35553)
- The average income of a Double Springs (zip 35553) resident is $16,619 a year. The US average is $28,555 a year.
- The Median household income of a Double Springs (zip 35553) resident is $43,676 a year. The US average is $69,021 a year.