Zip 36106 (Montgomery, AL) Economy


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36106 Montgomery, AL is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent in the area is $1,060 which is substantially less than the US average of $1,430. Furthermore, the grocery cost index is 95 versus 100 in the US making it even more budget friendly. There are many local businesses that can be found within 36106 including Vince’s Italian Restaurant & Bar, Eastdale Mall Shopping Center and Montgomery Country Club. Residents enjoy all that this city has to offer from its culture and activities to its relatively low costs of living.

Montgomery (zip 36106) has an unemployment rate of 5.8%. The US average is 6.0%.

Montgomery (zip 36106) has seen the job market decrease by -3.9% 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 36106)
- The Sales Tax Rate for Montgomery (zip 36106) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36106) 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 36106)
- The average income of a Montgomery (zip 36106) resident is $36,876 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery (zip 36106) resident is $62,482 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontgomery, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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