36532 Fairhope, AL is an attractive area located on the eastern shore of Mobile Bay in Baldwin County. It has a population of about 22,000 and is known for its pleasant climate and lush greenery. The median 2 Bedroom rent here is $1,370, which is lower than the US average of $1,430. Furthermore, grocery costs are slightly higher here with a Grocery Cost Index of 101 as compared to the US average of 100.
Fairhope offers a variety of businesses including numerous restaurants for food-lovers such as Avondale Deli & Catering and Papa Rocco's Pizza; home improvement stores like Lowe's Home Improvement and BMB Enterprises; retail shops such as Cove Boutique; and medical facilities like Thomas Hospital ER. There are also many cultural attractions in the area like the Fairhope Museum of History that visitors can explore.
Fairhope (zip 36532) has an unemployment rate of 2.9%. The US average is 6.0%.
Fairhope (zip 36532) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Fairhope (zip 36532)
- The Sales Tax Rate for Fairhope (zip 36532) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fairhope (zip 36532) 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 Fairhope (zip 36532)
- The average income of a Fairhope (zip 36532) resident is $45,043 a year. The US average is $37,638 a year.
- The Median household income of a Fairhope (zip 36532) resident is $79,061 a year. The US average is $69,021 a year.