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Economy in Lockhart, Alabama

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

Economy
EconomyLockhart, ALUnited States
Unemployment Rate8.60%9.10%
Recent Job Growth-1.34%-0.12%
Future Job Growth28.72%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$14,588$27,067
Household Income$24,946$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.94%12.10%
Income between 15K and 25K24.27%10.18%
Income between 25K and 35K20.50%10.56%
Income between 35K and 50K12.97%14.98%
Income between 50K and 75K10.88%19.53%
Income between 75K and 100K1.67%12.52%
Income between 100K and 150K3.35%12.14%
Income between 150K and 250K0.00%3.91%
Income between 250K and 500K0.42%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.11%13.81%
Professional and Related Occupations19.43%22.68%
Service21.80%14.51%
Sales and Office13.27%25.22%
Farming, Fishing, and Forestry2.84%0.68%
Construction, Extraction, and Maintenance21.33%9.37%
Production, Transportation, and Material Moving22.75%15.86%
Median Household Income

The unemployment rate in Lockhart, AL, is 8.60%, with job growth of -1.34%. Future job growth over the next ten years is predicted to be 28.72%.

Lockhart, AL Taxes

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

Lockhart, AL Income and Salaries

The income per capita is $14,588, which includes all adults and children. The median household income is $24,946.


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