Decatur, AL (35601) is a great place to live for many reasons. The average rent for a two-bedroom apartment is $800, while the national average for the same type of housing is $1,430. This means that living in Decatur offers a significant cost savings. Additionally, the grocery cost index in Decatur versus the national average is 92, which means that everyday items are often less expensive here than other places.
Those looking to relocate or visit Decatur will benefit from its thriving business community which includes company such as 3M Company, A&A Powerwashing and Roof Cleaning Inc., J&M Plastics Inc., and Intergraph Corporation. Each of these companies provide opportunities for employment and economic development in Decatur and its surrounding areas.
Decatur (zip 35601) has an unemployment rate of 3.0%. The US average is 6.0%.
Decatur (zip 35601) has seen the job market increase by 2.4% 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 Decatur (zip 35601)
- The Sales Tax Rate for Decatur (zip 35601) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur (zip 35601) 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 Decatur (zip 35601)
- The average income of a Decatur (zip 35601) resident is $21,142 a year. The US average is $28,555 a year.
- The Median household income of a Decatur (zip 35601) resident is $45,776 a year. The US average is $69,021 a year.