Zip 35214 (Forestdale, AL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
35214 Forrestdale, AL is a wonderful place to live and work. It offers a variety of housing options for families and individuals alike. The average two bedroom rent in this area is $940, which is significantly lower than the national average of $1,430. Additionally, it has a great cost of living index rating of 93 compared to 100 in the US. This means that you can get more with your money when it comes to groceries and other essential items. There are several local businesses in 35214 Forrestdale such as G and L Lumber Company, J K and Company Builders Supply Inc., American Family Insurance- Heather Garrett Agency, Marshall County Abstract Co., and many more. These companies provide locals with job opportunities and help make 35214 Forrestdale an attractive place to both visit and live.

Forestdale (zip 35214) has an unemployment rate of 3.8%. The US average is 6.0%.

Forestdale (zip 35214) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Forestdale (zip 35214)
- The Sales Tax Rate for Forestdale (zip 35214) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forestdale (zip 35214) 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 Forestdale (zip 35214)
- The average income of a Forestdale (zip 35214) resident is $26,997 a year. The US average is $37,638 a year.
- The Median household income of a Forestdale (zip 35214) resident is $54,180 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForestdale, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.