The city of Tuscaloosa, Alabama is a great place for those looking for an affordable rental. According to recent statistics, 2 Bedroom Rent in Tuscaloosa is $1,070, which is significantly lower than the national average of $1,430. This lower than average rent cost combined with a Grocery Cost Index of 94 means residents can enjoy an overall low cost of living. In terms of food and other necessities, local companies such as Walmart Supercenter offer competitively priced items like groceries and household supplies. Similarly, Publix offers fresh produce and other packaged goods at reasonable prices. Thus making it easy for locals to find quality products at prices below the national average.
Tuscaloosa (zip 35404) has an unemployment rate of 4.4%. The US average is 6.0%.
Tuscaloosa (zip 35404) has seen the job market decrease by -6.5% 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 35404)
- The Sales Tax Rate for Tuscaloosa (zip 35404) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tuscaloosa (zip 35404) 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 35404)
- The average income of a Tuscaloosa (zip 35404) resident is $24,103 a year. The US average is $37,638 a year.
- The Median household income of a Tuscaloosa (zip 35404) resident is $42,387 a year. The US average is $69,021 a year.