Zip 36375 (Slocomb, AL) Economy


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36375 Slocomb, AL is a wonderful community with plenty to offer its residents. The median two bedroom rent in this area is $740, significantly lower than the US average of $1,430. Grocery Cost Index here is 93 versus 100 in the US. This means that basic essentials are reasonably priced in Slocomb. There are plenty of businesses offering an array of products and services to meet local demands. Local companies such as H&K Recycling and U-Haul Moving & Storage of Dothan provide employment opportunities and keep the local economy thriving. With its diverse businesses and affordable housing costs, 36375 Slocomb is an ideal place to call home.

Slocomb (zip 36375) has an unemployment rate of 2.5%. The US average is 6.0%.

Slocomb (zip 36375) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Slocomb (zip 36375)
- The Sales Tax Rate for Slocomb (zip 36375) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Slocomb (zip 36375) 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 Slocomb (zip 36375)
- The average income of a Slocomb (zip 36375) resident is $22,983 a year. The US average is $37,638 a year.
- The Median household income of a Slocomb (zip 36375) resident is $45,275 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySlocomb, AlabamaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    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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