The city of Forest Home, AL (zip code 36030) is a small town with low rental prices and accessible grocery items. On average, 2 bedroom rental units in Forest Home cost only $810 per month due to affordability in the area. This price can be compared to the US average of $1,430 for 2 bedrooms which reflects a large difference in rent across the country.
In addition to low rental prices, Forest Home offers a Grocery Cost Index of 90 compared to 100 in the US, making groceries here more affordable than other places in America. Local companies such as Elmore's Food Mart and Pineview Grocery provide quality food at very competitive prices for residents of Forest Home and its surrounding areas.
Overall, lower rental prices and more accessible grocery items are two key reasons why living costs are less expensive in Forest Home than many places across the US.
Forest Home (zip 36030) has an unemployment rate of 5.7%. The US average is 6.0%.
Forest Home (zip 36030) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Forest Home (zip 36030)
- The Sales Tax Rate for Forest Home (zip 36030) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Forest Home (zip 36030) 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 Forest Home (zip 36030)
- The average income of a Forest Home (zip 36030) resident is $23,294 a year. The US average is $37,638 a year.
- The Median household income of a Forest Home (zip 36030) resident is $0 a year. The US average is $69,021 a year.