Jefferson County · Alabama · South · 25k residents
Bessemer, AL: economy, jobs & business costs
The site-selection read on Bessemer: labor costs, talent, corporate tax, energy, and business activity, with the Alabama median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,443/wk. Alabama's corporate income tax rate is 6.5%. Commercial electricity averages 13.6¢/kWh.
Compare Bessemer side by side
Avg. weekly wage
$1,443/wk
Corporate income tax
6.5%
Bachelor's degree or higher
15.6%
Commercial electricity
13.6¢/kWh
Economic momentum
How fast Bessemer's economy is moving, ranked against the US cities we track.
71/100
Heating
Ranks Bessemer's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $135,900 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.4% |
| 1-bedroom rent | $593/mo |
| 2-bedroom rent | $1,061/mo |
| State & local income tax | 4.41% |
| Sales tax | 9.3% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,443/wk |
| Bachelor's degree or higher | 15.6% |
| Commercial electricity | 13.6¢/kWh |
| Businesses per 1k residents | 35.7/1k |
| Wage: Software developer | $125,410 |
| Wage: Registered nurse | $78,680 |
| Wage: General manager | $123,560 |
| Wage: Customer service | $40,530 |
| Wage: Warehouse worker | $35,660 |
| Wage: Heavy truck driver | $54,460 |
| Wage: Electrician | $56,630 |
| Wage: Retail salesperson | $31,450 |
| Cost of living index | 77 |
| Groceries index | 97 |
| Utilities | $190/mo |
| Transit pass | $45/mo |
| Gas price | $2.95/gal |
| Healthcare index | 92 |
| Childcare (per child) | $750/mo |
| Median household income | $39,613 |
| Unemployment rate | 2.9% |
| Population | 25k |
| Crime index | 55/100 |
| School rating | 4.3/10 |
| Walkability | 30/100 |
| Disaster risk | 98/100 |
| Avg. commute | 25 min |
| Sunny days / year | 215 days |
| July high | 92°F |
| January low | 34°F |
| Annual snowfall | 1 in |
| Home price YoY | +2.2% |
| Home price MoM | -0.1% |
| Rent YoY | +4.0% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | +0.6% |
| Building permits YoY | +78.4% |
| Ocean coast | 210 mi |
| Big lake | 74 mi |
| Mountains | 66 mi |
| Major airport | 15 mi |
| Ski resort | 251 mi |
Popular comparisons
Nearby
- Hueytown, AL · 16k
- Hoover, AL · 93k
- Homewood, AL · 28k
- Helena, AL · 22k
- Pelham, AL · 25k
Similar size
- Fairhope, AL · 24k
- Trussville, AL · 27k
- Foley, AL · 24k
- Albertville, AL · 23k
- Oxford, AL · 22k
Real listings in Bessemer
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Bessemer a good place to run a business?
- Alabama's corporate income tax rate is 6.5%; average weekly wages in the surrounding labor market run $1,443/wk; commercial electricity averages 13.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Bessemer, AL?
- Bessemer indexes at 77 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,061/mo and a acs median home value of $135,900.
- How much does a house cost in Bessemer?
- The acs median home value in Bessemer is $135,900 (Census ACS estimate; individual listings vary).
- How much is rent in Bessemer?
- A two-bedroom in Bessemer rents for about $1,061/mo.