Economy in Gadsden, Alabama
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Economy
| Unemployment Rate | 10.80% | 9.10% |
| Recent Job Growth | -0.54% | -0.12% |
| Future Job Growth | 28.12% | 31.25% |
| Sales Taxes | 9.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $17,893 | $27,067 |
| Household Income | $28,348 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 27.90% | 12.10% |
| Income between 15K and 25K | 17.80% | 10.18% |
| Income between 25K and 35K | 13.27% | 10.56% |
| Income between 35K and 50K | 15.57% | 14.98% |
| Income between 50K and 75K | 13.40% | 19.53% |
| Income between 75K and 100K | 5.63% | 12.52% |
| Income between 100K and 150K | 4.13% | 12.14% |
| Income between 150K and 250K | 0.96% | 3.91% |
| Income between 250K and 500K | 1.14% | 3.34% |
| Income greater than 500K | 0.20% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.13% | 13.81% |
| Professional and Related Occupations | 24.48% | 22.68% |
| Service | 15.59% | 14.51% |
| Sales and Office | 25.01% | 25.22% |
| Farming, Fishing, and Forestry | 0.52% | 0.68% |
| Construction, Extraction, and Maintenance | 6.98% | 9.37% |
| Production, Transportation, and Material Moving | 22.87% | 15.86% |
The unemployment rate in Gadsden, AL, is 10.80%, with job growth of -0.54%. Future job growth over the next ten years is predicted to be 28.12%.
Gadsden, AL Taxes
Gadsden, AL,sales tax rate is 9.00%. Income tax is 5.00%.
Gadsden, AL Income and Salaries
The income per capita is $17,893, which includes all adults and children. The median household income is $28,348.
Gadsden Economy SperlingViews
Gadsden Economy: Although employment numbers are relatively high, underemployment is a chronic... (read more)Gadsden: I was born here but lived in two other counties in Alabama. We moved to Gadsden area when I was 8. This place has it's advantages and drawbacks. It is said to be the... (read more)Have an opinion about Gadsden? Leave a commentTo See All SperlingViews for Gadsden Click Here
