35620 Elkmont, AL is a small town located in Limestone County with an estimated population of around 863 people. The average 2 Bedroom rent cost in 35620 Elkmont, AL is $1,020 which is significantly lower than the average 2 Bedroom rent cost in the US which stands at $1,430. The Grocery Cost Index in 35620 Elkmont, AL stands at 95 compared to 100 in the US. Local businesses such as 35620 Elkmont Mart and Summers Salon are popular spots for local residents. With much lower rent costs and grocery costs compared to the US on average; 35620 Elkmont, AL is an affordable and comfortable place to live for many.
Elkmont (zip 35620) has an unemployment rate of 2.1%. The US average is 6.0%.
Elkmont (zip 35620) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Elkmont (zip 35620)
- The Sales Tax Rate for Elkmont (zip 35620) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkmont (zip 35620) 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 Elkmont (zip 35620)
- The average income of a Elkmont (zip 35620) resident is $30,163 a year. The US average is $37,638 a year.
- The Median household income of a Elkmont (zip 35620) resident is $73,232 a year. The US average is $69,021 a year.