Tuscaloosa, AL is a vibrant city with a wide array of local companies and amenities. The cost of living in this area is relatively affordable, as 2 bedroom rental averages are $1,200 compared to the US average of $1,430. Additionally, grocery costs in Tuscaloosa index at 103 versus 100 in the US. With its convenient location to both Birmingham and Atlanta, residents of Tuscaloosa can enjoy some of the best shopping around such as stores like Target, Walmart, and Aldi. Local companies such as Mercedes-Benz U.S International and Boeing Alabama are major employers in the area. Tuscaloosa also has an abundance of cultural attractions including museums and theaters for residents to enjoy.
Tuscaloosa (zip 35406) has an unemployment rate of 4.4%. The US average is 6.0%.
Tuscaloosa (zip 35406) 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 35406)
- The Sales Tax Rate for Tuscaloosa (zip 35406) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tuscaloosa (zip 35406) 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 35406)
- The average income of a Tuscaloosa (zip 35406) resident is $48,085 a year. The US average is $28,555 a year.
- The Median household income of a Tuscaloosa (zip 35406) resident is $108,188 a year. The US average is $69,021 a year.