35477 Panola, AL is a small town in Marshall County with a population of approximately 477. The cost of living in this rural community is quite low, with an average two bedroom rent costing just $870 compared to the US average of $1,430. Similarly, the Grocery Cost Index in 35477 Panola is 92 compared to 100 in the US on average. This makes it a great choice for families or individuals looking to save money while still enjoying small-town life. Local businesses include Piggly Wiggly grocery store, G&S Pharmacy, and Jaspers Hair Salon.
Panola (zip 35477) has an unemployment rate of 4.2%. The US average is 6.0%.
Panola (zip 35477) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.
Tax Rates for Panola (zip 35477)
- The Sales Tax Rate for Panola (zip 35477) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Panola (zip 35477) 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 Panola (zip 35477)
- The average income of a Panola (zip 35477) resident is $11,052 a year. The US average is $28,555 a year.
- The Median household income of a Panola (zip 35477) resident is $59,531 a year. The US average is $69,021 a year.