Executive Financial Report: Clayton (36016)
Navigating the local economic landscape in Clayton (36016) reveals an average baseline monthly cost of living of approximately $2,869 for single individuals. This comprehensive benchmark reflects essential housing, food, tax, and healthcare commitments.
With typical rent and housing utilities averaging an affordable $488 per month—just 17% of baseline expenses—Clayton offers exceptionally competitive housing costs compared to wider metropolitan averages across Alabama.
Household earnings in Clayton generally align with basic living standards. With an area median family income of $42,823, local workers earn roughly 1.24x the baseline living cost ($34,423.602/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
On the expenditure side, groceries and essential nutrition require approximately $270 per month in Clayton. Direct tax liabilities consume an estimated $455 monthly (16% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Clayton (36016) presents a distinct economic profile within Barbour. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.