Zip 35405 (Tuscaloosa, AL) Economy


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35405 Tuscaloosa, AL is a great place to call home. The 2 bedroom rent in this area is $1,080, which is a bit lower than the US average of $1,430. Additionally, the grocery cost index in 35405 Tuscaloosa, AL is 97 versus the US average of 100, making groceries cheaper here as well. There are many local businesses that make living here enjoyable and convenient. ABC Bakery and XYZ Grocery store offer fresh ingredients when cooking at home and both provide a unique atmosphere for locals. DDW Construction also provides local jobs and help upkeep the city with their construction services. Other notable companies include EFG Plumbing & Heating Services, GHI Auto Repair and JKL Landscaping & Design Co. All of these businesses make 35405 Tuscaloosa, AL a great place to live!

Tuscaloosa (zip 35405) has an unemployment rate of 4.4%. The US average is 6.0%.

Tuscaloosa (zip 35405) 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 35405)
- The Sales Tax Rate for Tuscaloosa (zip 35405) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tuscaloosa (zip 35405) 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 35405)
- The average income of a Tuscaloosa (zip 35405) resident is $23,708 a year. The US average is $28,555 a year.
- The Median household income of a Tuscaloosa (zip 35405) resident is $58,695 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTuscaloosa, AlabamaUnited States
  4.46
  -6.5%-6.2%
  31.2%33.5%
  9.0%6.2%
  5.0%4.6%
  $30,573$37,638
  $58,695$69,021
  $70,545$85,028
  Population by Occupation
  0.1%1.2%
  0.7%0.5%
  6.4%6.8%
  15.9%10.0%
  1.0%2.5%
  13.3%11.0%
  4.5%4.8%
  0.9%0.8%
  0.7%1.9%
  2.3%4.7%
  1.9%1.9%
  2.7%7.6%
  0.2%0.1%
  3.0%4.2%
  11.6%9.3%
  17.6%14.0%
  0.8%2.1%
  9.3%7.0%
  3.5%4.8%
  3.7%4.7%
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