Zip 36053 (Midway, AL) Economy


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United States / Alabama / No Metro Area / Bullock County / Midway / Midway (zip 36053)
36053 Midway, AL is a small but vibrant community with plenty to offer for its residents. The average 2 bedroom rental rate in the area is $940, which is significantly lower than the national average of $1,430. Additionally, grocery costs are cheaper than the national average due to the Grocery Cost Index being 91. There are many local businesses that serve Midway's residents such as Country Inn & Suites by Radisson and Wildwood Cafe & Grill, which both offer delicious food and comfortable lodging. For shopping needs there are stores like Dollar General and Walmart Supercenter that sell everything one might need. Residents can also choose from several professional services such as Law Office of Wanda L. Harris P.C., Echols Financial Services Group Inc., and Akins Tax Service LLC located nearby.

Midway (zip 36053) has an unemployment rate of 4.1%. The US average is 6.0%.

Midway (zip 36053) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Midway (zip 36053)
- The Sales Tax Rate for Midway (zip 36053) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Midway (zip 36053) 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 Midway (zip 36053)
- The average income of a Midway (zip 36053) resident is $16,116 a year. The US average is $28,555 a year.
- The Median household income of a Midway (zip 36053) resident is $31,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidway, AlabamaUnited States
  4.16
  -1.2%-6.2%
  32.0%33.5%
  6.5%6.2%
  5.0%4.6%
  $21,216$37,638
  $31,196$69,021
  $60,030$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  1.9%6.8%
  46.7%10.0%
  0.0%2.5%
  2.5%11.0%
  5.1%4.8%
  4.0%0.8%
  0.0%1.9%
  0.6%4.7%
  1.7%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  9.0%9.3%
  6.8%14.0%
  1.4%2.1%
  1.2%7.0%
  11.6%4.8%
  5.3%4.7%
Health