Cullman, Alabama is an extremely affordable place to live. The city's overall cost of living index is just 88, meaning that it is about 12 percent cheaper than the national average. Low housing costs contribute significantly to the area's affordability. At just 69, it is over 30 percent cheaper than the national average.
Other affordable indices include transportation (90), health care (89), and groceries (96). The area has slightly expensive utilities that are about seven percent higher than the national average. The higher cost of utilities, however, does not offset the low price of housing.
According to the U.S. Census Bureau, the median household income in Cullman was $38,847 between 2009 and 2013. Alabama's median household income was $43,253 during the same period.
Cullman, Alabama Job Opportunities
Cullman County has a population of about 80,000 people served by Cullman Regional Medical Center as well as several doctors' offices and clinics. This makes it possible for properly trained professionals to find registered nurse jobs. Those with less training may want to pursue careers as nursing assistants or registered nurses.
Cullman, Alabama has about a dozen public and private schools that serve children from pre-K to 12th grade. Professionals with graduate degrees may want to pursue jobs in education.
Cullman residents who do not have college educations may want to pursue careers in the retail, manufacturing, or service industries.
Cullman, Alabama Employment Trends
Employment opportunities in Cullman were significantly affected by the Great Recession, but they have nearly returned to pre-recession numbers. At the beginning of 2008, Cullman enjoyed a 3.6 percent unemployment rate. By the beginning of 2010, the unemployment rate reached about 10 percent.
Unemployment has slowly fallen since its peak in 2010. In 2015, the area's unemployment rate was 5.7 percent, which is comparable to the national rate of 5.3 percent.