Muscle Shoals, AL (35661) is a small city located in the northwestern part of the state. It is home to a population of approximately 13,500 people. The cost of living in Muscle Shoals is quite affordable with 2 bedroom rent being only $980 per month compared to the national average of $1,430. Furthermore, Muscle Shoals has a Grocery Cost Index rating of 95 versus the US national average of 100, further making it an attractive place to live.
Muscle Shoals offers several local businesses that make up its economic structure. Major employers include North Alabama Medical Center, Waynesboro Industrial Corporation and Northwest-Shoals Community College. Jobs in healthcare are plentiful due to the North Alabama Medical Center while manufacturing jobs are also available at Waynesboro Industrial Corporation. Finally, those interested in education have several options for employment available at Northwest-Shoals Community College as well as other local schools including Colbert Heights High School and East Limestone High School.
In conclusion, Muscle Shoals provides a low cost of living and many job opportunities for those looking to relocate or find employment in the area. With its multiple local businesses and companies there is something for everyone in Muscle Shoals!
Muscle Shoals (zip 35661) has an unemployment rate of 3.6%. The US average is 6.0%.
Muscle Shoals (zip 35661) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Muscle Shoals (zip 35661)
- The Sales Tax Rate for Muscle Shoals (zip 35661) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Muscle Shoals (zip 35661) 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 Muscle Shoals (zip 35661)
- The average income of a Muscle Shoals (zip 35661) resident is $31,300 a year. The US average is $37,638 a year.
- The Median household income of a Muscle Shoals (zip 35661) resident is $63,319 a year. The US average is $69,021 a year.