Economy in Montgomery, Alabama

Economy

Economy	Montgomery, AL	United States
Unemployment Rate	8.90%	9.10%
Recent Job Growth	-0.95%	-0.12%
Future Job Growth	29.20%	31.25%
Sales Taxes	10.00%	6.80%
Income Taxes	5.00%	6.25%
Income per Cap.	$23,929	$27,067
Household Income	$42,855	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	16.92%	12.10%
Income between 15K and 25K	12.16%	10.18%
Income between 25K and 35K	12.24%	10.56%
Income between 35K and 50K	16.17%	14.98%
Income between 50K and 75K	18.36%	19.53%
Income between 75K and 100K	9.55%	12.52%
Income between 100K and 150K	9.43%	12.14%
Income between 150K and 250K	2.50%	3.91%
Income between 250K and 500K	2.23%	3.34%
Income greater than 500K	0.45%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	13.53%	13.81%
Professional and Related Occupations	21.59%	22.68%
Service	15.07%	14.51%
Sales and Office	26.34%	25.22%
Farming, Fishing, and Forestry	0.24%	0.68%
Construction, Extraction, and Maintenance	6.20%	9.37%
Production, Transportation, and Material Moving	14.16%	15.86%

The unemployment rate in Montgomery, AL, is 8.90%, with job growth of -0.95%. Future job growth over the next ten years is predicted to be 29.20%.

Montgomery, AL,sales tax rate is 10.00%. Income tax is 5.00%.

The income per capita is $23,929, which includes all adults and children. The median household income is $42,855.

Montgomery Economy SperlingViews