Gilbertown, AL (36908) is a small town located in Choctaw County. This quaint town has an estimated population of 515 people and a median family income of $39,431. The cost of living in Gilbertown is relatively low compared to the US average, as 2 bedroom rents are $670 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 95 versus 100 in the US; making staples even more affordable for Gilbertown's residents. \nLocal companies within Gilbertown include Uniontown Grocery & Hardware, Chocowinity Medical Center, Littleton’s Country Store & Restaurant, and Lockhart Logging Co. These businesses are important for providing basic services for locals and stimulating economic growth within the community. Furthermore, their presence contributes to the unique culture that makes this rural town so special.
Gilbertown (zip 36908) has an unemployment rate of 4.0%. The US average is 6.0%.
Gilbertown (zip 36908) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Gilbertown (zip 36908)
- The Sales Tax Rate for Gilbertown (zip 36908) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbertown (zip 36908) 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 Gilbertown (zip 36908)
- The average income of a Gilbertown (zip 36908) resident is $31,976 a year. The US average is $37,638 a year.
- The Median household income of a Gilbertown (zip 36908) resident is $61,875 a year. The US average is $69,021 a year.