Vincent, Alabama (35178) is an idyllic small town with a population of 2,222. The town is known for its low cost of living with a 2 bedroom rent being only $960, much lower than the US average of $1,430. This small-town charm also extends to the local grocery store prices; in Vincent the Grocery Cost Index is 96 versus 100 in the US on average. Customers can shop at locally owned stores like Brian’s Produce or D & L Grocery and save more money than they would elsewhere. Shopping local not only saves customers money but helps support the economy and strengthen community ties as well. Vincent is an excellent place to live for those looking for a lower cost of living without compromising on quality.
Vincent (zip 35178) has an unemployment rate of 2.0%. The US average is 6.0%.
Vincent (zip 35178) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Vincent (zip 35178)
- The Sales Tax Rate for Vincent (zip 35178) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Vincent (zip 35178) 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 Vincent (zip 35178)
- The average income of a Vincent (zip 35178) resident is $23,573 a year. The US average is $37,638 a year.
- The Median household income of a Vincent (zip 35178) resident is $34,216 a year. The US average is $69,021 a year.