36916 Pennington, AL is an ideal place to live for those looking for a low cost of living with easy access to local amenities. This small town is located in Jackson County and has a population of approximately 684 (as of 2019). Rent for a two bedroom apartment typically ranges from $660, which is significantly lower than the US average of $1430. Grocery costs index in Pennington are also lower than the US average, at 94 versus 100.
There are several local companies and services available to residents in Pennington, including Sweetwater Inn Bed & Breakfast, The Old Log Cabin Antiques, and The Mason Jar Cafe. Also nearby are the Foothills Animal Shelter, Riverstone Health Clinic, and the Lighthouse Church. These local businesses provide job opportunities as well as quality goods and services for residents in this community.
Pennington (zip 36916) has an unemployment rate of 4.0%. The US average is 6.0%.
Pennington (zip 36916) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Pennington (zip 36916)
- The Sales Tax Rate for Pennington (zip 36916) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Pennington (zip 36916) 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 Pennington (zip 36916)
- The average income of a Pennington (zip 36916) resident is $27,054 a year. The US average is $37,638 a year.
- The Median household income of a Pennington (zip 36916) resident is $27,006 a year. The US average is $69,021 a year.