Zip 36064 (Pike Road, AL) Economy


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36064 Pike Road, AL is a great place to live with a strong local economy. The median 2 bedroom rent in the area is $1,330, which is lower than the US median of $1,430. Additionally, groceries in this area are relatively cheaper compared to the US as the Grocery Cost Index is 101 versus 100 in the US. Local businesses such as The Coffee Cup Café and Brown's Hardware Store provide goods and services that are tailored to meet the needs of 36064 Pike Rd residents. Furthermore, there are many other services available in this community ranging from banking to entertainment that can help make life more enjoyable for its inhabitants.

Pike Road (zip 36064) has an unemployment rate of 5.4%. The US average is 6.0%.

Pike Road (zip 36064) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Pike Road (zip 36064)
- The Sales Tax Rate for Pike Road (zip 36064) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Pike Road (zip 36064) 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 Pike Road (zip 36064)
- The average income of a Pike Road (zip 36064) resident is $37,461 a year. The US average is $28,555 a year.
- The Median household income of a Pike Road (zip 36064) resident is $108,385 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPike Road, AlabamaUnited States
  5.46
  -3.9%-6.2%
  30.9%33.5%
  7.6%6.2%
  5.0%4.6%
  $45,926$37,638
  $108,385$69,021
  $118,841$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  5.1%6.8%
  11.5%10.0%
  1.6%2.5%
  9.3%11.0%
  2.5%4.8%
  0.8%0.8%
  0.2%1.9%
  3.8%4.7%
  2.8%1.9%
  8.9%7.6%
  0.0%0.1%
  4.0%4.2%
  11.7%9.3%
  16.8%14.0%
  1.2%2.1%
  4.7%7.0%
  3.6%4.8%
  10.5%4.7%
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