Economy in Hoover, Alabama
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Economy
| Unemployment Rate | 5.80% | 9.10% |
| Recent Job Growth | 0.56% | -0.12% |
| Future Job Growth | 35.32% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $42,286 | $27,067 |
| Household Income | $73,772 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.02% | 12.10% |
| Income between 15K and 25K | 6.06% | 10.18% |
| Income between 25K and 35K | 8.15% | 10.56% |
| Income between 35K and 50K | 12.57% | 14.98% |
| Income between 50K and 75K | 18.93% | 19.53% |
| Income between 75K and 100K | 13.20% | 12.52% |
| Income between 100K and 150K | 17.75% | 12.14% |
| Income between 150K and 250K | 8.50% | 3.91% |
| Income between 250K and 500K | 8.21% | 3.34% |
| Income greater than 500K | 1.62% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.16% | 13.81% |
| Professional and Related Occupations | 28.14% | 22.68% |
| Service | 7.86% | 14.51% |
| Sales and Office | 29.88% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 5.18% | 9.37% |
| Production, Transportation, and Material Moving | 5.78% | 15.86% |
The unemployment rate in Hoover, AL, is 5.80%, with job growth of 0.56%. Future job growth over the next ten years is predicted to be 35.32%.
Hoover, AL Taxes
Hoover, AL,sales tax rate is 8.00%. Income tax is 5.00%.
Hoover, AL Income and Salaries
The income per capita is $42,286, which includes all adults and children. The median household income is $73,772.
Hoover Economy SperlingViews
Mild 4 season climate: Hoover is in central Alabama and is a suburb of Birmigham. It has a mild four season climate wellsuited to nature lovers, golfers, and... (read more)Hoover Standard of Living: Good municipal facilities (City Recreation Center, great library, good police and fire protection).
Good schools (especially for Alabama).
Traffic is heavy at... (read more)Surprise in Alabama: Hoover, Alabama has a wide range of home buying opportunities. A huge plus is the up and coming TND community at The Preserve. The homes in this quaint neighborhood... (read more)Have an opinion about Hoover? Leave a commentTo See All SperlingViews for Hoover Click Here
