Montgomery, AL (36115) is an affordable place to live with a two-bedroom rent of only $1,500. This is over $70 less than the US average of $1,430. Grocery costs are also below the national average, with an index score of 93 versus 100 in the US. Local companies such as Publix, Winn-Dixie and ALDI offer competitive prices for groceries and essential items in this area as well. The median household income is around $44K compared to the US median of $61K, making Montgomery a great choice for those looking for an affordable place to live.
Montgomery (zip 36115) has an unemployment rate of 5.8%. The US average is 6.0%.
Montgomery (zip 36115) 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 36115)
- The Sales Tax Rate for Montgomery (zip 36115) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 36115) 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 36115)
- The average income of a Montgomery (zip 36115) resident is $23,909 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery (zip 36115) resident is $87,647 a year. The US average is $69,021 a year.