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Economy in Hamilton, Alabama

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

Economy
EconomyHamilton, ALUnited States
Unemployment Rate11.50%9.10%
Recent Job Growth-5.34%-0.12%
Future Job Growth17.82%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$19,004$27,067
Household Income$32,914$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K23.48%12.10%
Income between 15K and 25K15.88%10.18%
Income between 25K and 35K13.54%10.56%
Income between 35K and 50K19.14%14.98%
Income between 50K and 75K13.73%19.53%
Income between 75K and 100K6.52%12.52%
Income between 100K and 150K4.45%12.14%
Income between 150K and 250K1.30%3.91%
Income between 250K and 500K1.73%3.34%
Income greater than 500K0.23%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.71%13.81%
Professional and Related Occupations17.59%22.68%
Service12.21%14.51%
Sales and Office24.25%25.22%
Farming, Fishing, and Forestry0.17%0.68%
Construction, Extraction, and Maintenance12.62%9.37%
Production, Transportation, and Material Moving28.56%15.86%
Median Household Income

The unemployment rate in Hamilton, AL, is 11.50%, with job growth of -5.34%. Future job growth over the next ten years is predicted to be 17.82%.

Hamilton, AL Taxes

Hamilton, AL,sales tax rate is 8.00%. Income tax is 5.00%.

Hamilton, AL Income and Salaries

The income per capita is $19,004, which includes all adults and children. The median household income is $32,914.


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