Mountain Brook, AL 35223 is a lovely city located near the foothills of the Appalachians. With a population of 20,413, it provides its residents with a rural feel while still having access to urban amenities. The average two bedroom rent in Mountain Brook is $1,590, which is above the national average of $1,430. The cost of groceries in this area index is 108 compared to 100 nationally.
Mountain Brook is home to several well-known companies such as Starbuck’s Coffee Company and numerous local businesses like Mountain Brook Pharmacy and Organic Grocer. The economy in Mountain Brook has remained strong despite some economic downturns due to the presence of these major corporations and businesses that offer employment opportunities for its citizens. Furthermore, the many outdoor activities available to people living here make it an attractive place for people looking to relocating or visit for leisure purposes.
Mountain Brook (zip 35223) has an unemployment rate of 3.8%. The US average is 6.0%.
Mountain Brook (zip 35223) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Mountain Brook (zip 35223)
- The Sales Tax Rate for Mountain Brook (zip 35223) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Mountain Brook (zip 35223) 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 Mountain Brook (zip 35223)
- The average income of a Mountain Brook (zip 35223) resident is $68,152 a year. The US average is $28,555 a year.
- The Median household income of a Mountain Brook (zip 35223) resident is $138,438 a year. The US average is $69,021 a year.