36350 Midland City, AL is a great place to live. It has a strong economy with a variety of local businesses such as ABC Retailers, Blick's Grocery Store, and Starbucks Coffee offering goods and services. The cost of living here is quite low compared to the US average. For example, 2 bedroom rent in this area is $700 compared to $1,430 nationally, while the grocery cost index here is 95 versus 100 for the US. This makes 36350 Midland City an ideal location for those looking for an affordable place to live that still offers plenty of amenities.
Midland City (zip 36350) has an unemployment rate of 3.1%. The US average is 6.0%.
Midland City (zip 36350) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Midland City (zip 36350)
- The Sales Tax Rate for Midland City (zip 36350) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland City (zip 36350) 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 Midland City (zip 36350)
- The average income of a Midland City (zip 36350) resident is $27,932 a year. The US average is $37,638 a year.
- The Median household income of a Midland City (zip 36350) resident is $46,023 a year. The US average is $69,021 a year.