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Economy in Fort Payne, Alabama

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyFort Payne, ALUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-3.12%-0.12%
Future Job Growth22.86%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$20,898$27,067
Household Income$38,794$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.19%12.10%
Income between 15K and 25K14.28%10.18%
Income between 25K and 35K14.45%10.56%
Income between 35K and 50K16.22%14.98%
Income between 50K and 75K19.53%19.53%
Income between 75K and 100K7.92%12.52%
Income between 100K and 150K6.60%12.14%
Income between 150K and 250K0.84%3.91%
Income between 250K and 500K2.08%3.34%
Income greater than 500K0.90%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.37%13.81%
Professional and Related Occupations16.91%22.68%
Service15.78%14.51%
Sales and Office22.61%25.22%
Farming, Fishing, and Forestry1.01%0.68%
Construction, Extraction, and Maintenance12.70%9.37%
Production, Transportation, and Material Moving37.69%15.86%
Median Household Income

The unemployment rate in Fort Payne, AL, is 10.90%, with job growth of -3.12%. Future job growth over the next ten years is predicted to be 22.86%.

Fort Payne, AL Taxes

Fort Payne, AL,sales tax rate is 8.00%. Income tax is 5.00%.

Fort Payne, AL Income and Salaries

The income per capita is $20,898, which includes all adults and children. The median household income is $38,794.


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