35242 Hoover, AL is a wonderful place to call home, with an average rent of $1,410 for a two-bedroom apartment it is an attractive option for those looking to settle down. The grocery cost index in the area stands at 104 compared to the US average of 100. A variety of local businesses are available in the region including Hoover Family Pharmacy, Sand Mountain Auto Repair & Wrecker Service, and Browning's Automotive Repair. These establishments offer quality products and services that cater to the diverse needs of the local population.
Hoover (zip 35242) has an unemployment rate of 1.9%. The US average is 6.0%.
Hoover (zip 35242) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Hoover (zip 35242)
- The Sales Tax Rate for Hoover (zip 35242) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hoover (zip 35242) 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 Hoover (zip 35242)
- The average income of a Hoover (zip 35242) resident is $46,260 a year. The US average is $28,555 a year.
- The Median household income of a Hoover (zip 35242) resident is $107,191 a year. The US average is $69,021 a year.