Montgomery, Alabama's zip code 36109 is a great place to live with many affordable living options. The average rent for a 2 bedroom in the area is $1,050, which is much lower than the national average of $1,430. This makes it an ideal spot for families who are looking to keep within a budget. Additionally, the grocery cost index in this region is 93, which is slightly lower than the national average of 100.
This area offers an array of activities and local businesses for residents to enjoy. There are several popular restaurants such as Cheddar's Scratch Kitchen and Chez Fonfon that offer delicious food at reasonable prices. The Montgomery Museum of Fine Arts allows locals to explore different types of art from around the world. The city also offers a variety of outdoor activities such as hiking trails, fishing spots, and biking paths throughout its parks and green spaces.
The city has also started several initiatives to support its economic growth. Montgomery Mayor Steven Reed has recently launched a 10-year economic development plan called Montgomery Forward that aims to bring more jobs and training programs into the area while increasing wages for existing jobs. This initiative will create more opportunities for local residents to make a difference in their community through increased economic stability.
Montgomery (zip 36109) has an unemployment rate of 5.8%. The US average is 6.0%.
Montgomery (zip 36109) 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 36109)
- The Sales Tax Rate for Montgomery (zip 36109) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36109) 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 36109)
- The average income of a Montgomery (zip 36109) resident is $29,233 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery (zip 36109) resident is $54,884 a year. The US average is $69,021 a year.