Town Creek, AL is a small town in Lawrence County with an estimated population of 35672. The town has a 2 Bedroom Rent of $740, which is significantly lower than the US average of $1,430. Additionally, Town Creek has a Grocery Cost Index of 93 compared to the US average of 100. This indicates that Town Creek has an affordable cost of living when it comes to groceries. \nThe local businesses in the area include EBSCO Industries Inc., Dollar General Corporation, and Randolph County Board Of Education. These companies provide employment opportunities for local residents and are leading employers in Town Creek. Additionally, there are various shops and restaurants located throughout the town so there are plenty of places for residents to explore and enjoy. All in all, Town Creek offers its citizens an affordable cost of living combined with plentiful job opportunities provided by local businesses.
Town Creek (zip 35672) has an unemployment rate of 2.6%. The US average is 6.0%.
Town Creek (zip 35672) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Town Creek (zip 35672)
- The Sales Tax Rate for Town Creek (zip 35672) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Town Creek (zip 35672) 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 Town Creek (zip 35672)
- The average income of a Town Creek (zip 35672) resident is $27,990 a year. The US average is $37,638 a year.
- The Median household income of a Town Creek (zip 35672) resident is $52,996 a year. The US average is $69,021 a year.