Zip 35209 (Homewood, AL) Economy


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Homewood, AL is a vibrant city located in the suburbs of Birmingham. The area code for Homewood is 35209 and it is a great place to live with an average two bedroom rent of only $1,340 per month, which is less than the national average of $1,430. Additionally, groceries are more affordable with a grocery cost index of 104 compared to 100 nationally. There are many options for employment in 35209 Homewood including popular local companies such as NAPA Auto Parts, LegalShield, and United Rentals North America. There are also plenty of restaurants and places to shop in Homewood for residents and visitors alike.

Homewood (zip 35209) has an unemployment rate of 1.9%. The US average is 6.0%.

Homewood (zip 35209) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Homewood (zip 35209)
- The Sales Tax Rate for Homewood (zip 35209) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Homewood (zip 35209) 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 Homewood (zip 35209)
- The average income of a Homewood (zip 35209) resident is $47,140 a year. The US average is $37,638 a year.
- The Median household income of a Homewood (zip 35209) resident is $67,814 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomewood, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Homewood
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Average median home cost $293K, average water/sewer bill for family of two exceeds $100/mo. Sales tax rate one of the highest in the country at 10% and unlike other  More

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