36108 Montgomery, AL is a great place to live with an affordable cost of living. The average 2 bedroom rent in the area is only $850 compared to the national average of $1,430, making it more affordable for those seeking lower housing costs. Grocery costs are also lower than the US average at a cost index of 90 versus 100 in the US. Those looking for employment can find it at local companies such as Hyundai Motor Manufacturing Alabama, The Capital City Club, and Central Alabama Veterans Health Care System.
Montgomery (zip 36108) has an unemployment rate of 5.8%. The US average is 6.0%.
Montgomery (zip 36108) 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 36108)
- The Sales Tax Rate for Montgomery (zip 36108) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36108) 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 36108)
- The average income of a Montgomery (zip 36108) resident is $16,951 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery (zip 36108) resident is $25,028 a year. The US average is $69,021 a year.