Zip 36580 (Summerdale, AL) Economy


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36580 Summerdale, AL is a great place to live with an average rent for a two bedroom apartment of just $950. This is significantly lower than the national average of $1,430 for the same size apartment. Not only are living costs low in the area but grocery prices are also very reasonable with the Grocery Cost Index being 96 compared to 100 nationally. Residents in the area can benefit from an array of local companies such as Robinson's Transmission & Automotive, Crapo's Grocery and Butcher Shop, and Summerdale United Methodist Church. With all these amenities at great prices, Summerdale is an excellent place to call home.

Summerdale (zip 36580) has an unemployment rate of 2.9%. The US average is 6.0%.

Summerdale (zip 36580) 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 Summerdale (zip 36580)
- The Sales Tax Rate for Summerdale (zip 36580) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Summerdale (zip 36580) 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 Summerdale (zip 36580)
- The average income of a Summerdale (zip 36580) resident is $24,571 a year. The US average is $37,638 a year.
- The Median household income of a Summerdale (zip 36580) resident is $46,845 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummerdale, 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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