The city of Gadsden, AL (zip code 35901) is a great place to live with affordable rent and cost of living. The average 2 bedroom rent in Gadsden is $740 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Gadsden is 93 versus 100 in the US. With such an affordable cost of living, it's no wonder that many people are relocating to Gadsden. The city provides local amenities including popular restaurants such as KFC, Applebee's and Jack's Family Restaurants as well as businesses such as Wal-Mart, Dollar Tree, and Lowe’s Home Improvement Centers. There are also plenty of activities to partake in such as hiking trails through Noccalula Falls Park and kayaking on beautiful Lake Guntersville. All in all, Gadsden has a lot to offer its residents at a very competitive price point.
Gadsden (zip 35901) has an unemployment rate of 5.8%. The US average is 6.0%.
Gadsden (zip 35901) has seen the job market decrease by -8.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Gadsden (zip 35901)
- The Sales Tax Rate for Gadsden (zip 35901) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Gadsden (zip 35901) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gadsden (zip 35901)
- The average income of a Gadsden (zip 35901) resident is $25,571 a year. The US average is $37,638 a year.
- The Median household income of a Gadsden (zip 35901) resident is $40,350 a year. The US average is $69,021 a year.