Forkland, AL is an ideal place for residents to live for its affordable living costs. The average two-bedroom rental cost in Forkland is only $740, which is almost half of the national average rent price of $1,430. Additionally, the Grocery Cost Index in Forkland is 90 compared to 100 nationally. This indicates that groceries are much more affordable in this area than they are throughout the country as a whole.
Forkland offers plenty of local businesses for residents to enjoy. Some popular spots include Family Dollar, Food Giant Grocery Store, Big Red Garage, and Josephine's Beauty Salon. There are also many restaurants such as El Ranchito Mexican Restaurant and Pizza Hut. Residents have access to great shopping and dining opportunities right in their own backyard. With its low costs and abundant amenities, Forkland offers an unbeatable quality of life for those who choose to call it home.
Forkland (zip 36740) has an unemployment rate of 7.2%. The US average is 6.0%.
Forkland (zip 36740) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Forkland (zip 36740)
- The Sales Tax Rate for Forkland (zip 36740) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Forkland (zip 36740) 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 Forkland (zip 36740)
- The average income of a Forkland (zip 36740) resident is $20,368 a year. The US average is $37,638 a year.
- The Median household income of a Forkland (zip 36740) resident is $0 a year. The US average is $69,021 a year.