Millport, AL (population 35576) is an affordable place to live with a two bedroom rent costing only $720. This is significantly lower than the US national average of $1,430 for a two bedroom rent. Millport is also known for its low grocery cost index of 95 compared to 100 nationally. There are several local businesses in the area including The Millport Times newspaper, District 4 Quilts fabric shop, Andle's Grocery Store, and Farmers Co-Op Supply. These businesses provide employment opportunities as well as goods and services to the residents of Millport.
Millport (zip 35576) has an unemployment rate of 2.6%. The US average is 6.0%.
Millport (zip 35576) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Millport (zip 35576)
- The Sales Tax Rate for Millport (zip 35576) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millport (zip 35576) 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 Millport (zip 35576)
- The average income of a Millport (zip 35576) resident is $28,413 a year. The US average is $37,638 a year.
- The Median household income of a Millport (zip 35576) resident is $60,815 a year. The US average is $69,021 a year.