Zip 35464 (Gainesville, AL) Economy


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United States / Alabama / No Metro Area / Sumter County / Gainesville / Gainesville (zip 35464)
Gainesville, Alabama (35464) is a small city located in Sumter County with a population of 2,204 people. It's known for its friendly residents and low cost of living. The average two bedroom rent here is only $760 compared to the US average of $1,430. When it comes to groceries, Gainesville boasts an index score of 93 versus 100 in the US overall. This means that groceries are 7% cheaper than anywhere else nationally on average.
In terms of local businesses, Gainesville is home to several restaurants such as McLean’s Barbeque and Grandma’s Kitchen. There are also two clothing stores, D&D Apparel and The Closet Boutique. Other services available include Don’s Bail Bonding Agency and a number of auto dealerships like Ozburn Automotive Group and Diesel Pros LLC.
Overall, Gainesville is an attractive place to live with a great cost of living and plenty of local businesses to choose from. With its friendly residents and lower prices compared to other areas around the country, it’s easy to see why many people choose this small Alabama town for their home!

Gainesville (zip 35464) has an unemployment rate of 4.2%. The US average is 6.0%.

Gainesville (zip 35464) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.

Tax Rates for Gainesville (zip 35464)
- The Sales Tax Rate for Gainesville (zip 35464) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gainesville (zip 35464) 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 Gainesville (zip 35464)
- The average income of a Gainesville (zip 35464) resident is $8,645 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville (zip 35464) resident is $13,986 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, AlabamaUnited States
  4.26
  -2.7%-6.2%
  14.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $9,286$37,638
  $13,986$69,021
Family Median Income 85028
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