ZIP Code 31014

In ZIP code 31014, which takes in Cochran, households bring in a median of $54,362 a year, or about $27,999 per person. A home here is valued at roughly $121,200, and county property taxes run at an effective rate of 0.95 percent, which works out to somewhere near $1,150 annually. Add the 8.00 percent combined sales tax on purchases, and everyday spending takes a noticeable bite. What's left after housing costs and taxes has to stretch across everything else a household needs, so careful planning matters more than raw income alone might imply.