$10,000 Cash
Low Cost of Living
Welcoming Community
Creative Culture
- Minimum Annual Income of $52,000
- Able to Move to the Shoals Within 6 Months
- Full-Time Remote Employment or Self-Employed Outside Colbert and Lauderdale Counties
- 18+ and Eligible to Work in the United States
Here’s how the Shoals’ quality of place compares to other major cities:
12.3% Lower Cost of Living
15.3% below the National Average
$362 Monthly Rent Savings
$595/month Shoals vs. $957/month Nashville
52% Lower Real Estate Price
$167,450 Shoals vs. $349,400 Nashville
3.5% Lower Cost to Construct
5.9% below the National Average
A Grade for Air Cleanliness
Compared to Nashville's Grade of A
301.1 Lower Crime Rate
70.9 below the National Average
17.1% Lower Cost of Living
15.3% below the National Average
$430 Monthly Rent Savings
$595/month Shoals vs. $1,025/month Atlanta
47% Lower Real Estate Price
$167,450 Shoals vs. $315,000 Atlanta
5.7% Lower Cost to Construct
5.9% below the National Average
A Grade for Air Cleanliness
Compared to Atlanta's Grade of B
22.7 Lower Crime Rate
70.9 below the National Average
38.7% Lower Cost of Living
15.3% below the National Average
$481 Monthly Rent Savings
$595/month Shoals vs. $1,076/month Chicago
52% Lower Real Estate Price
$167,450 Shoals vs. $348,600 Chicago
34.1% Lower Cost to Construct
5.9% below the National Average
A Grade for Air Cleanliness
Compared to Chicago's Grade of C
708 Lower Crime Rate
70.9 below the National Average
38.5% Lower Cost of Living
15.3% below the National Average
$1,119 Monthly Rent Savings
$595/month Shoals vs. $1,714/month New York
70% Lower Real Estate Price
$167,450 Shoals vs. $564,100 New York
47% Lower Cost to Construct
5.9% below the National Average
A Grade for Air Cleanliness
Compared to New York's Grade of B
243 Lower Crime Rate
70.9 below the National Average
107.6% Lower Cost of Living
15.3% below the National Average
$2,125 Monthly Rent Savings
$595/month Shoals vs. $2,720/month San Francisco
88% Lower Real Estate Price
$167,450 Shoals vs. $1,385,000 San Francisco
45.2% Lower Cost to Construct
5.9% below the National Average
A Grade for Air Cleanliness
Compared to San Francisco's Grade of F
174.7 Lower Crime Rate
70.9 below the National Average
Delicious Dining
Experience fine dining at Odette, The Factory at Alabama Chanin, or 360 Grille. Grab a coffee with friends at Rivertown or Turbo. If you’re feeling adventurous, have dinner in a cave at the iconic Rattlesnake Saloon.
$138,646
The 2019 median price of home sales in the Shoals was $138,646. In contrast, the U.S. Census Bureau reported a national median home price of $327,100 in Q1 2020.
Outdoors & Recreation
Go hiking at Cane Creek Canyon Nature Preserve or Shoal Creek Preserve. Take your pick of water sports, fishing, and kayaking on our beautiful lakes, or hit the 36-hole Robert Trent Jones Golf Trail.
2%-5%
The Alabama State Income Tax ranges from 2% to 5%, based on income. There are zero local income taxes.
40,059
The population of Florence, the largest city in the Shoals, is 40,059.
Health & Fitness
Get centered at Shoals Yoga, push your limits at Grit Fitness, or hit the barre at Allegro Dance and Fitness. Stop by FLO Nutrition afterward for a post-workout pick-me-up when you’re done!
$100
If you run an LLC or S Corp as a self-employed remote worker, the minimum Alabama Business Privilege Tax is a cool $100 annually. The tax is based on your net worth and runs from $0.25 to $1.75 for every $1,000.
Music & Live Events
Celebrate the Shoals’ rich musical history by touring the iconic recording studios where Aretha Franklin, Percy Sledge, The Rolling Stones, Bob Dylan, and many more cut hit records. Plus, enjoy festivals like the W.C. Handy Music Festival, Billy Reid Shindig, Smoke on the Water, ShoalsFest, and more.