Rainbow City, AL 35906

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1700 2690 $11,460 $1,590
(6.47% of returns)
$1,933
(7.06% of returns)
$5,240
$25,000 to $50,000 1170 2210 $28,585 $2,053
(11.11% of returns)
$7,030
(25.64% of returns)
$5,413
$50,000 to $75,000 640 1480 $40,608 $3,720
(15.62% of returns)
$17,281
(25% of returns)
$5,300
$75,000 to $100,000 420 1120 $48,756 $4,155
(21.43% of returns)
$20,628
(33.33% of returns)
$6,180
$100,000 to $200,000 500 1380 $71,970 $5,586
(30% of returns)
$25,192
(26% of returns)
$7,209
Over $200,000 110 300 $205,830 $15,516
(54.55% of returns)
$23,166
(27.27% of returns)
$9,557
For Zip 4540 9180 $39,765

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Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 500
0.04 500 3000
0.05 3000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.004 49

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.04 0.0522 0.0922 4