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Etowah County · Alabama · South · 33k residents

Gadsden, AL: economy, jobs & business costs

The site-selection read on Gadsden: 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 $922/wk. Alabama's corporate income tax rate is 6.5%. Commercial electricity averages 13.6¢/kWh.

Compare Gadsden side by side

Avg. weekly wage

$922/wk

lower than 99% of US cities

Corporate income tax

6.5%

≈ US median

Bachelor's degree or higher

15.5%

52% vs state medianhigher than 7% of US cities

Commercial electricity

13.6¢/kWh

cheaper than 30% of US cities

Economic momentum

How fast Gadsden's economy is moving, ranked against the US cities we track.

35/100

Steady

Residential permits: -50.0% (bottom 16%)Jobs: +0.3% (near US average)
Momentum rising · +33 over 4 yr

Ranks Gadsden'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.

All facets · Gadsden
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Real listings in Gadsden

LoopNetCrexiCommercialCafe

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Questions & answers
Is Gadsden 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 $922/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 Gadsden, AL?
Gadsden indexes at 72 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $772/mo and a acs median home value of $116,800.
How much does a house cost in Gadsden?
The acs median home value in Gadsden is $116,800 (Census ACS estimate; individual listings vary).
How much is rent in Gadsden?
A two-bedroom in Gadsden rents for about $772/mo.