Birmingham, Alabama has a two bedroom rent of $910, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Birmingham is 91 compared to the national average of 100. This makes Birmingham an attractive location for those wanting to save money on housing and groceries. There are many local companies in Birmingham that offer quality services; some examples include Dream Design Home Improvement, which provides home renovation services such as painting and flooring installation, and The UPS Store, which offers printing and shipping services. Additionally, Magic City Electric provides electrical repair service and Southern Auto Glass offers windshield repair and replacement. With so many local businesses offering their goods and services at a reasonable cost, Birmingham is an ideal city for those looking for value without sacrificing quality.
Birmingham (zip 35218) has an unemployment rate of 5.6%. The US average is 6.0%.
Birmingham (zip 35218) 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 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Birmingham (zip 35218)
- The Sales Tax Rate for Birmingham (zip 35218) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Birmingham (zip 35218) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Birmingham (zip 35218)
- The average income of a Birmingham (zip 35218) resident is $18,234 a year. The US average is $37,638 a year.
- The Median household income of a Birmingham (zip 35218) resident is $30,725 a year. The US average is $69,021 a year.