Zip 35563 (Guin, AL) Economy


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United States / Alabama / No Metro Area / Marion County / Guin / Guin (zip 35563)
35563 Guin, Alabama is a small town with a population of about 1,000 people. It is an affordable place to live with the median 2-bedroom rent being $750, far below the US average of $1,430. The cost of living in Guin is also relatively low; the grocery cost index is 94 compared to the national average of 100.
Guin has many local attractions for its residents and visitors to enjoy. Herman L Smith Park offers many outdoor activities such as walking trails, playgrounds and picnic areas while Guin City Hall hosts several events throughout the year such as festivals and holiday celebrations. For shopping and dining options in town there are stores like Dollar General, Family Dollar Store and Farmer's Market, as well as restaurants like Second Street Cafe and Country Kitchen.

Guin (zip 35563) has an unemployment rate of 2.6%. The US average is 6.0%.

Guin (zip 35563) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Guin (zip 35563)
- The Sales Tax Rate for Guin (zip 35563) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Guin (zip 35563) 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 Guin (zip 35563)
- The average income of a Guin (zip 35563) resident is $21,298 a year. The US average is $28,555 a year.
- The Median household income of a Guin (zip 35563) resident is $43,605 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuin, AlabamaUnited States
  2.66
  0.6%-6.2%
  32.4%33.5%
  9.0%6.2%
  5.0%4.6%
  $23,711$37,638
  $43,605$69,021
  $56,786$85,028
  Population by Occupation
  0.7%1.2%
  0.3%0.5%
  7.6%6.8%
  29.9%10.0%
  3.4%2.5%
  8.9%11.0%
  3.5%4.8%
  3.0%0.8%
  1.3%1.9%
  1.8%4.7%
  0.1%1.9%
  0.8%7.6%
  0.0%0.1%
  1.3%4.2%
  9.7%9.3%
  14.6%14.0%
  0.5%2.1%
  3.9%7.0%
  4.3%4.8%
  4.5%4.7%
Health