Valhermoso Springs, AL (35775) is a small rural town located in the northern part of Alabama. It is home to about 1,200 people who enjoy its peaceful environment and affordable living costs. Rent for a two bedroom apartment averages around $1,060 per month, considerably lower than the US average of $1,430. Food costs are also more affordable in Valhermoso Springs, with an area Grocery Cost Index of 92 versus 100 in the US.
Local businesses in Valhermoso Springs include Finley's Hardware & Supply Co., Bankston Lumber Company, and Joe Tussinger Auto Service. Residents can also enjoy outdoor activities at Greenbrier Park or entertainment at Oak Hill Drive-In Theater. Additionally, there are several churches and eateries such as Papa Pizzeria and The Country Kitchen that offer delicious home-cooked food and great service. With its attractive cost of living and vibrant local culture, Valhermoso Springs is a great place to call home!
Valhermoso Springs (zip 35775) has an unemployment rate of 2.4%. The US average is 6.0%.
Valhermoso Springs (zip 35775) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Valhermoso Springs (zip 35775)
- The Sales Tax Rate for Valhermoso Springs (zip 35775) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valhermoso Springs (zip 35775) is 5.0%. The US average is 4.6%.
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Income and Salaries for Valhermoso Springs (zip 35775)
- The average income of a Valhermoso Springs (zip 35775) resident is $17,203 a year. The US average is $37,638 a year.
- The Median household income of a Valhermoso Springs (zip 35775) resident is $40,559 a year. The US average is $69,021 a year.