Zip 36688 (Mobile, AL) Economy


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Mobile, AL is an affordable place to live in with 2 bedroom rent costing around $1,010. Grocery Cost Index in Mobile is 95 versus 100 in the US, making it a great option for people looking to save money on their everyday needs. Local companies that can be found in the area include Austal USA which designs and constructs aluminum ships; Gulf Coast Framing, Inc., a framing contractor; and Ricoh USA, an imaging and electronics company. Other local businesses include NexTec, Infinity Science Center, Barakat Fresh Mediterranean Cuisine, and Marriott Grand Hotel. All of these companies provide great employment opportunities as well as services that benefit the local community.

Mobile (zip 36688) has an unemployment rate of 6.2%. The US average is 6.0%.

Mobile (zip 36688) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Mobile (zip 36688)
- The Sales Tax Rate for Mobile (zip 36688) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Mobile (zip 36688) 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 Mobile (zip 36688)
- The average income of a Mobile (zip 36688) resident is $6,030 a year. The US average is $28,555 a year.
- The Median household income of a Mobile (zip 36688) resident is $5,761 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMobile, AlabamaUnited States
  6.26
  -3.3%-6.2%
  27.2%33.5%
  10.0%6.2%
  5.0%4.6%
  $4,223$37,638
  $5,761$69,021
Family Median Income 85028
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