Locust Fork, AL is a small town located in Blount County. With a population of approximately 3,500 people, it is a quiet and peaceful community with beautiful homes and green spaces to enjoy. The average rent for a two-bedroom apartment in Locust Fork is $1,100 per month, which is significantly lower than the national average of $1,430. The grocery cost index in Locust Fork is 95 versus 100 in the US. This means that groceries are cheaper in Locust Fork than in other parts of the country. There are several local businesses in Locust Fork including H&H Market, Blount County Pharmacy, Dixie Auto Parts and more that provide goods and services to the residents. Overall, Locust Fork has an affordable cost of living and plenty of local businesses to meet the needs of its citizens.
Locust Fork (zip 35097) has an unemployment rate of 2.1%. The US average is 6.0%.
Locust Fork (zip 35097) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Locust Fork (zip 35097)
- The Sales Tax Rate for Locust Fork (zip 35097) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Locust Fork (zip 35097) 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 Locust Fork (zip 35097)
- The average income of a Locust Fork (zip 35097) resident is $23,109 a year. The US average is $37,638 a year.
- The Median household income of a Locust Fork (zip 35097) resident is $44,688 a year. The US average is $69,021 a year.