Economy in Allgood, Alabama
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Economy
| Unemployment Rate | 8.70% | 9.10% |
| Recent Job Growth | -0.35% | -0.12% |
| Future Job Growth | 30.60% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $20,363 | $27,067 |
| Household Income | $45,364 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.20% | 12.10% |
| Income between 15K and 25K | 13.41% | 10.18% |
| Income between 25K and 35K | 15.85% | 10.56% |
| Income between 35K and 50K | 12.20% | 14.98% |
| Income between 50K and 75K | 20.33% | 19.53% |
| Income between 75K and 100K | 9.76% | 12.52% |
| Income between 100K and 150K | 13.82% | 12.14% |
| Income between 150K and 250K | 1.22% | 3.91% |
| Income between 250K and 500K | 1.22% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.40% | 13.81% |
| Professional and Related Occupations | 15.11% | 22.68% |
| Service | 15.11% | 14.51% |
| Sales and Office | 21.54% | 25.22% |
| Farming, Fishing, and Forestry | 0.64% | 0.68% |
| Construction, Extraction, and Maintenance | 18.65% | 9.37% |
| Production, Transportation, and Material Moving | 29.90% | 15.86% |
The unemployment rate in Allgood, AL, is 8.70%, with job growth of -0.35%. Future job growth over the next ten years is predicted to be 30.60%.
Allgood, AL Taxes
Allgood, AL,sales tax rate is 7.00%. Income tax is 5.00%.
Allgood, AL Income and Salaries
The income per capita is $20,363, which includes all adults and children. The median household income is $45,364.
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