Economy in Loachapoka, Alabama
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | 0.95% | -0.12% |
| Future Job Growth | 34.30% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $23,203 | $27,067 |
| Household Income | $44,718 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.72% | 12.10% |
| Income between 15K and 25K | 10.13% | 10.18% |
| Income between 25K and 35K | 11.39% | 10.56% |
| Income between 35K and 50K | 16.46% | 14.98% |
| Income between 50K and 75K | 18.99% | 19.53% |
| Income between 75K and 100K | 12.66% | 12.52% |
| Income between 100K and 150K | 8.86% | 12.14% |
| Income between 150K and 250K | 3.80% | 3.91% |
| Income between 250K and 500K | 0.00% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.61% | 13.81% |
| Professional and Related Occupations | 26.97% | 22.68% |
| Service | 11.24% | 14.51% |
| Sales and Office | 16.85% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 13.48% | 9.37% |
| Production, Transportation, and Material Moving | 15.73% | 15.86% |
The unemployment rate in Loachapoka, AL, is 7.60%, with job growth of 0.95%. Future job growth over the next ten years is predicted to be 34.30%.
Loachapoka, AL Taxes
Loachapoka, AL,sales tax rate is 8.00%. Income tax is 5.00%.
Loachapoka, AL Income and Salaries
The income per capita is $23,203, which includes all adults and children. The median household income is $44,718.
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