Economy in Double Springs, Alabama
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| Unemployment Rate | 11.40% | 8.60% |
| Recent Job Growth | -1.91% | 0.35% |
| Future Job Growth | 24.78% | 32.10% |
| Sales Taxes | 9.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $18,021 | $26,154 |
| Household Income | $33,900 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.84% | 12.37% |
| Income between 15K and 25K | 13.82% | 10.53% |
| Income between 25K and 35K | 20.35% | 10.88% |
| Income between 35K and 50K | 20.60% | 15.37% |
| Income between 50K and 75K | 12.06% | 20.14% |
| Income between 75K and 100K | 7.79% | 12.41% |
| Income between 100K and 150K | 4.27% | 11.27% |
| Income between 150K and 250K | 2.76% | 5.01% |
| Income between 250K and 500K | 0.50% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.29% | 14.04% |
| Professional and Related Occupations | 9.51% | 20.61% |
| Service | 14.39% | 14.45% |
| Sales and Office | 24.88% | 26.75% |
| Farming, Fishing, and Forestry | 2.20% | 0.70% |
| Construction, Extraction, and Maintenance | 10.00% | 9.42% |
| Production, Transportation, and Material Moving | 30.98% | 14.05% |
The unemployment rate in Double Springs, AL, is 11.40%, with job growth of -1.91%. Future job growth over the next ten years is predicted to be 24.78%.
Double Springs, AL Taxes
Double Springs, AL,sales tax rate is 9.00%. Income tax is 5.00%.
Double Springs, AL Income and Salaries
The income per capita is $18,021, which includes all adults and children. The median household income is $33,900.
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