Economy in Mignon, Alabama
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Economy
| Unemployment Rate | 10.40% | 9.10% |
| Recent Job Growth | -1.77% | -0.12% |
| Future Job Growth | 26.06% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $16,368 | $27,067 |
| Household Income | $27,846 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 27.94% | 12.10% |
| Income between 15K and 25K | 19.46% | 10.18% |
| Income between 25K and 35K | 9.44% | 10.56% |
| Income between 35K and 50K | 13.87% | 14.98% |
| Income between 50K and 75K | 16.38% | 19.53% |
| Income between 75K and 100K | 8.09% | 12.52% |
| Income between 100K and 150K | 3.47% | 12.14% |
| Income between 150K and 250K | 0.58% | 3.91% |
| Income between 250K and 500K | 0.77% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.81% | 13.81% |
| Professional and Related Occupations | 15.43% | 22.68% |
| Service | 13.87% | 14.51% |
| Sales and Office | 25.20% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 8.01% | 9.37% |
| Production, Transportation, and Material Moving | 31.45% | 15.86% |
The unemployment rate in Mignon, AL, is 10.40%, with job growth of -1.77%. Future job growth over the next ten years is predicted to be 26.06%.
Mignon, AL Taxes
Mignon, AL,sales tax rate is 8.00%. Income tax is 5.00%.
Mignon, AL Income and Salaries
The income per capita is $16,368, which includes all adults and children. The median household income is $27,846.
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