Economy in Concord, Alabama
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| Unemployment Rate | 7.80% | 8.60% |
| Recent Job Growth | 0.61% | 0.35% |
| Future Job Growth | 33.42% | 32.10% |
| Sales Taxes | 10.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $31,988 | $26,154 |
| Household Income | $62,357 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.74% | 12.37% |
| Income between 15K and 25K | 5.16% | 10.53% |
| Income between 25K and 35K | 11.76% | 10.88% |
| Income between 35K and 50K | 16.21% | 15.37% |
| Income between 50K and 75K | 22.96% | 20.14% |
| Income between 75K and 100K | 17.36% | 12.41% |
| Income between 100K and 150K | 15.06% | 11.27% |
| Income between 150K and 250K | 4.30% | 5.01% |
| Income between 250K and 500K | 1.15% | 1.86% |
| Income greater than 500K | 0.14% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.09% | 14.04% |
| Professional and Related Occupations | 16.08% | 20.61% |
| Service | 9.74% | 14.45% |
| Sales and Office | 31.81% | 26.75% |
| Farming, Fishing, and Forestry | 0.12% | 0.70% |
| Construction, Extraction, and Maintenance | 12.09% | 9.42% |
| Production, Transportation, and Material Moving | 18.08% | 14.05% |
The unemployment rate in Concord, AL, is 7.80%, with job growth of 0.61%. Future job growth over the next ten years is predicted to be 33.42%.
Concord, AL Taxes
Concord, AL,sales tax rate is 10.00%. Income tax is 5.00%.
Concord, AL Income and Salaries
The income per capita is $31,988, which includes all adults and children. The median household income is $62,357.
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