35115 Montevallo, AL is a small city located in Shelby County with a population of 3,890 people. The median two bedroom rent is $880 which is significantly cheaper than the US average of $1,430. Grocery costs are also very affordable with an index of 95 versus the US average of 100 so people in this area can get more for their money when it comes to buying food. There are several local companies that provide grocery services to 35115 Montevallo such as Publix Super Markets, Piggly Wiggly, and Winn-Dixie Stores. These stores offer great deals on fresh produce and other products for residents in 35115 Montevallo and throughout Shelby County. The cost of living in 35115 Montevallo is substantially lower than the national average meaning families can benefit from more disposable income due to the lower prices they pay for basic necessities like rent and groceries.
Montevallo (zip 35115) has an unemployment rate of 2.0%. The US average is 6.0%.
Montevallo (zip 35115) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Montevallo (zip 35115)
- The Sales Tax Rate for Montevallo (zip 35115) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montevallo (zip 35115) 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 Montevallo (zip 35115)
- The average income of a Montevallo (zip 35115) resident is $20,792 a year. The US average is $28,555 a year.
- The Median household income of a Montevallo (zip 35115) resident is $47,500 a year. The US average is $69,021 a year.