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Economy in La Fayette, Alabama

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

Economy
EconomyLa Fayette, ALUnited States
Unemployment Rate11.70%9.10%
Recent Job Growth-0.83%-0.12%
Future Job Growth26.64%31.25%
Sales Taxes9.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$14,010$27,067
Household Income$27,037$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K30.31%12.10%
Income between 15K and 25K17.59%10.18%
Income between 25K and 35K10.80%10.56%
Income between 35K and 50K16.35%14.98%
Income between 50K and 75K15.01%19.53%
Income between 75K and 100K6.41%12.52%
Income between 100K and 150K2.20%12.14%
Income between 150K and 250K0.67%3.91%
Income between 250K and 500K0.48%3.34%
Income greater than 500K0.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.31%13.81%
Professional and Related Occupations12.51%22.68%
Service18.72%14.51%
Sales and Office27.20%25.22%
Farming, Fishing, and Forestry1.24%0.68%
Construction, Extraction, and Maintenance10.65%9.37%
Production, Transportation, and Material Moving28.54%15.86%
Median Household Income

The unemployment rate in La Fayette, AL, is 11.70%, with job growth of -0.83%. Future job growth over the next ten years is predicted to be 26.64%.

La Fayette, AL Taxes

La Fayette, AL,sales tax rate is 9.00%. Income tax is 5.00%.

La Fayette, AL Income and Salaries

The income per capita is $14,010, which includes all adults and children. The median household income is $27,037.


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