35654 Russellville, AL is a great place to live due its affordability of two-bedroom rent at $760 per month. This price is much lower than the US average of $1,430 per month. Additionally, groceries are also generally more affordable in 35654 Russellville, AL since its Grocery Cost Index is 93 versus the national average of 100. Therefore, living in 35654 Russellville, AL will help you save money in both rent and groceries. There are several local companies providing affordable housing including Alabama Affordable Housing Corporation (AAHC), which offers rental assistance for low-income individuals and families, and Huntsville Housing Authority (HHA), which provides subsidized housing assistance to eligible families and seniors. Both offer great opportunities for those looking to save money in this area.
Russellville (zip 35654) has an unemployment rate of 2.1%. The US average is 6.0%.
Russellville (zip 35654) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Russellville (zip 35654)
- The Sales Tax Rate for Russellville (zip 35654) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Russellville (zip 35654) 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 Russellville (zip 35654)
- The average income of a Russellville (zip 35654) resident is $21,581 a year. The US average is $37,638 a year.
- The Median household income of a Russellville (zip 35654) resident is $40,997 a year. The US average is $69,021 a year.