Jackson, AL is a great place to live for those who are looking for an affordable lifestyle. With a 2 bedroom rent of only $740 per month, it is significantly lower than the US average rent of $1,430 per month. The grocery cost index for Jackson is also much lower than the national average at 96 compared to 100. This makes it a significantly more affordable city to live in as compared to other parts of the US. There are several local businesses that offer excellent services and products at prices that fit perfectly with this area's low cost of living. Local companies like Home Depot and Walmart offer quality products at reasonable prices, while many restaurants like Lost Pizza Co., Jody’s Restaurant & Catering, and Cafe du Monde offer tasty food at competitive prices. In addition to these businesses, there are plenty of other stores and restaurants available throughout the town that cater to all types of budgets. All in all, Jackson is an amazing place to live due to its low cost of living paired with plenty of nearby amenities!
Jackson (zip 36545) has an unemployment rate of 5.9%. The US average is 6.0%.
Jackson (zip 36545) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.
Tax Rates for Jackson (zip 36545)
- The Sales Tax Rate for Jackson (zip 36545) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson (zip 36545) 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 Jackson (zip 36545)
- The average income of a Jackson (zip 36545) resident is $24,417 a year. The US average is $37,638 a year.
- The Median household income of a Jackson (zip 36545) resident is $47,997 a year. The US average is $69,021 a year.