Zip 35171 (Thorsby, AL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
35171 Thorsby, AL is a small town located in Chilton County. It's population as of the 2018 census is approximately 1,150 people. The cost of living here is quite low compared to the national average. For example, the median rent for a two bedroom apartment here is $760, which is significantly lower than the US median of $1,430. Additionally, The Grocery Cost Index in 35171 Thorsby is 94 versus 100 in the US. This means that groceries will generally be cheaper there than they are on average nationally. \nThorsby has plenty of businesses to offer its residents including Foshee Construction Company Inc., Thorsby Food Mart Inc., Smith Fuel Oil and Propane Co., and R&S Tire & Automotive Services LLC. These companies provide employment for locals and help contribute to economic growth in the region. Overall, Thorsby offers an affordable lifestyle with plenty of amenities just a short drive away from larger cities like Birmingham and Montgomery.

Thorsby (zip 35171) has an unemployment rate of 2.7%. The US average is 6.0%.

Thorsby (zip 35171) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Thorsby (zip 35171)
- The Sales Tax Rate for Thorsby (zip 35171) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Thorsby (zip 35171) 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 Thorsby (zip 35171)
- The average income of a Thorsby (zip 35171) resident is $23,521 a year. The US average is $37,638 a year.
- The Median household income of a Thorsby (zip 35171) resident is $55,764 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThorsby, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.