Reform, AL is a small town in Tuscaloosa County with a population of about 3,500 people. The town is known for its low cost of living. 2 Bedroom rent in Reform is $730 per month, which is significantly lower than the US average of $1,430 for the same rental size. The Grocery Cost Index in Reform is 95 compared to 100 in the US, showing that groceries are also cheaper here.
Reform is home to several local companies such as Reform Electric Supply Co., J & J Packing Inc., and Woodland Health Services LLC. These businesses provide job opportunities to local residents and contribute to the economy in Reform. As part of 35481 Reform's economic development initiatives, the town has focused on attracting new businesses and encouraging existing ones to grow. This has helped create jobs and promote economic stability in the community.
Reform (zip 35481) has an unemployment rate of 3.8%. The US average is 6.0%.
Reform (zip 35481) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Reform (zip 35481)
- The Sales Tax Rate for Reform (zip 35481) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Reform (zip 35481) 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 Reform (zip 35481)
- The average income of a Reform (zip 35481) resident is $18,268 a year. The US average is $28,555 a year.
- The Median household income of a Reform (zip 35481) resident is $42,664 a year. The US average is $69,021 a year.