Zip 36105 (Montgomery, AL) Economy


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36105 Montgomery, AL is a bustling city with an array of things to do. Situated in the heart of Alabama, it is known for its delicious southern cuisine and vibrant culture. The 2 bedroom rent for 36105 Montgomery, AL is $940, which is substantially lower than the US average of $1,430. This makes it a desirable place to live for those looking for affordability. In addition to its cost-savings potential, 36105 Montgomery, AL also offers a wide variety of recreational activities and attractions. For example, downtown Montgomery hosts a number of local restaurants and bars such as Dreamland Bar-B-Que and The Alley Bar & Grille as well as landmarks like the Rosa Parks Museum and the Alabama State Capitol. Furthermore, the city has a Grocery Cost Index score of 91 compared to the national average of 100 - making it an even more economical choice for consumers. Ultimately 36105 Montgomery is an attractive destination due to its affordability combined with its many exciting attractions and job opportunities provided by companies like Apple Inc., Hyundai Motors Manufacturing Alabama LLC., Jackson Hospital & Clinic Inc., Maxwell Air Force Base Gunter Annex etc

Montgomery (zip 36105) has an unemployment rate of 5.8%. The US average is 6.0%.

Montgomery (zip 36105) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Montgomery (zip 36105)
- The Sales Tax Rate for Montgomery (zip 36105) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36105) 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 Montgomery (zip 36105)
- The average income of a Montgomery (zip 36105) resident is $17,474 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery (zip 36105) resident is $36,788 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontgomery, AlabamaUnited States
  5.86
  -3.9%-6.2%
  30.3%33.5%
  10.0%6.2%
  5.0%4.6%
  $20,728$37,638
  $36,788$69,021
  $40,717$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.4%6.8%
  16.1%10.0%
  2.9%2.5%
  11.9%11.0%
  0.6%4.8%
  0.0%0.8%
  2.5%1.9%
  4.7%4.7%
  1.5%1.9%
  4.6%7.6%
  0.0%0.1%
  7.7%4.2%
  4.8%9.3%
  12.7%14.0%
  1.0%2.1%
  8.7%7.0%
  2.8%4.8%
  11.1%4.7%
Health