Winfield, AL (35594) is a small town located in the Northwest corner of Alabama. It has a population of around 5,400 people and is known for its low cost of living. The average 2 bedroom rent in Winfield is $720 per month, which is much lower than the national average of $1,430. The Grocery Cost Index in Winfield is 93, which is 7 lower than the US average of 100. There are many local businesses that make up the economy of Winfield such as Brimark Logistics, Charles Machine Works Inc., and Yerington Industries Inc. All three companies offer locals job opportunities and play an important role in sustaining the community's economic stability and growth.
Winfield (zip 35594) has an unemployment rate of 2.6%. The US average is 6.0%.
Winfield (zip 35594) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Winfield (zip 35594)
- The Sales Tax Rate for Winfield (zip 35594) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Winfield (zip 35594) 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 Winfield (zip 35594)
- The average income of a Winfield (zip 35594) resident is $22,952 a year. The US average is $28,555 a year.
- The Median household income of a Winfield (zip 35594) resident is $56,125 a year. The US average is $69,021 a year.