36048 Louisville, AL is a great place to find affordable housing. The median 2-bedroom rent rate in the area runs at $650, which is significantly lower than the national average of $1,430. Additionally, living in 36048 Louisville means having access to local businesses that cater to rental needs. Companies such as LRC Rentals, Southern Choice Properties, and Autumn Woods Rentals offer quality rental units at competitive prices.
In addition to cheaper rent rates, locals in 36048 Louisville also benefit from lower grocery costs. Grocery Cost Index in this area is 92 compared to 100 nationwide. There are many grocery stores and supermarkets in the area giving people plenty of options for their shopping needs such as Piggly Wiggly Supermarket, The Grocery Express Inc., Food Giant Supermarket and more.
Louisville (zip 36048) has an unemployment rate of 5.6%. The US average is 6.0%.
Louisville (zip 36048) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Louisville (zip 36048)
- The Sales Tax Rate for Louisville (zip 36048) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 36048) 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 Louisville (zip 36048)
- The average income of a Louisville (zip 36048) resident is $21,772 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 36048) resident is $25,625 a year. The US average is $69,021 a year.