36268 Munford, AL offers housing that is more affordable than the US average at $770 for 2 bedrooms. This area also has a lower cost of living with the Grocery Cost Index at 93 versus 100 in the US. Local businesses include Munford Feed and Seed, Munford Drug Store, and Community Bank of Alabama. The town is also home to other small businesses such as the Country Cuts Hair Salon and Family Video. Residents enjoy shopping locally from these companies while still saving money on rent and groceries compared to the national average.
Munford (zip 36268) has an unemployment rate of 3.9%. The US average is 6.0%.
Munford (zip 36268) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Munford (zip 36268)
- The Sales Tax Rate for Munford (zip 36268) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Munford (zip 36268) 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 Munford (zip 36268)
- The average income of a Munford (zip 36268) resident is $24,052 a year. The US average is $37,638 a year.
- The Median household income of a Munford (zip 36268) resident is $56,399 a year. The US average is $69,021 a year.