35401 Tuscaloosa, AL is an area with affordable rent options with a two bedroom apartment costing $940 compared to the US average of $1,430. Grocery Cost Index in 35401 is 93 versus 100 in the US. This makes living in this area relatively cost effective. Companies located in this area include the University of Alabama, Mercedes-Benz U.S. International Assembly Plant, Vulcan Materials Company and Bama Dining Services Incorporated. These companies offer a range of goods and services to the local community and employ many locals.
Tuscaloosa (zip 35401) has an unemployment rate of 4.4%. The US average is 6.0%.
Tuscaloosa (zip 35401) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Tuscaloosa (zip 35401)
- The Sales Tax Rate for Tuscaloosa (zip 35401) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tuscaloosa (zip 35401) 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 Tuscaloosa (zip 35401)
- The average income of a Tuscaloosa (zip 35401) resident is $12,022 a year. The US average is $28,555 a year.
- The Median household income of a Tuscaloosa (zip 35401) resident is $24,209 a year. The US average is $69,021 a year.