355 Fayette, AL is a great location for people looking for affordable accommodations. The two-bedroom rent in this area is only $820, which is much lower than the US average of $1430. Additionally, the grocery cost index here is 93 compared to 100 in the US, making it an excellent option for those on a tight budget. People living in 35555 Fayette can benefit from a range of supermarkets and grocery stores including Walmart Supercenter, Piggly Wiggly, Dollar General, and Aldi. These stores offer convenient access to fresh produce and other essential groceries at competitive prices.
Fayette (zip 35555) has an unemployment rate of 2.7%. The US average is 6.0%.
Fayette (zip 35555) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Fayette (zip 35555)
- The Sales Tax Rate for Fayette (zip 35555) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayette (zip 35555) 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 Fayette (zip 35555)
- The average income of a Fayette (zip 35555) resident is $19,101 a year. The US average is $28,555 a year.
- The Median household income of a Fayette (zip 35555) resident is $47,923 a year. The US average is $69,021 a year.