Zip 36576 (Silverhill, AL) Economy


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The city of Silverhill, AL (zip code 36576) is located in Baldwin County and has an estimated population of 549 people. It is a small town with a close-knit community atmosphere. The average 2 bedroom rent in Silverhill is $1,060 per month, which is significantly less expensive than the US average at $1,430. The Grocery Cost Index in Silverhill is 97 versus 100 in the US, making groceries more affordable for residents of this small town.
Silverhill has a few local businesses to choose from including Wildflower Market & Cafe who specialize in homemade and fresh baked goods; Magnolia’s Gifts & Consignment which sells unique furniture and home accessories; and Tapp's Tire Center providing tire services for all types of vehicles. In addition, there are several restaurants and stores such as Dollar General located nearby. Residents here enjoy the vibrant atmosphere with plenty of options to choose from.

Silverhill (zip 36576) has an unemployment rate of 2.9%. The US average is 6.0%.

Silverhill (zip 36576) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Silverhill (zip 36576)
- The Sales Tax Rate for Silverhill (zip 36576) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Silverhill (zip 36576) 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 Silverhill (zip 36576)
- The average income of a Silverhill (zip 36576) resident is $37,841 a year. The US average is $37,638 a year.
- The Median household income of a Silverhill (zip 36576) resident is $60,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySilverhill, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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